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Micro-X Ltd. Announces Extraordinary General Meeting Following Successful Capital Raising

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Micro-X Ltd. Announces Extraordinary General Meeting Following Successful Capital Raising

An announcement from Micro-X Ltd. ( (AU:MX1) ) is now available.

Micro-X Ltd. has announced an Extraordinary General Meeting scheduled for April 16, 2025, to discuss resolutions related to a recent capital raising initiative. The company successfully raised $6.0 million through various placements, including a strategic partnership with Billion Prima Sdn Bhd and institutional placements, to strengthen its financial position and support future growth. The meeting will address the refreshment of the company’s placement capacity and the issuance of shares to related parties, reflecting a strategic move to bolster its market presence and operational capabilities.

More about Micro-X Ltd.

Micro-X Ltd. operates in the technology industry, focusing on the development and commercialization of advanced X-ray imaging products. The company is known for its innovative solutions in medical and security imaging, aiming to enhance diagnostic capabilities and security measures.

YTD Price Performance: -20.0%

Average Trading Volume: 347,619

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$40.45M

See more insights into MX1 stock on TipRanks’ Stock Analysis page.

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