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Osteopore Ltd. ( (AU:OSX) ) just unveiled an announcement.
Osteopore Limited has announced a further drawdown of Tranche 1 of its redeemable convertible notes, with subscribers committing to an additional A$500,000, bringing the total to A$3,500,000 out of a possible A$5,000,000 for this tranche. The funds raised will be used for the company’s ordinary business operations and future development projects, potentially enhancing Osteopore’s market positioning in the regenerative medicine industry.
More about Osteopore Ltd.
Osteopore Limited is a Singapore-founded regenerative medicine company and a global leader in 3D-printed biomimetic and bioresorbable implants. The company focuses on commercializing products that stimulate natural bone healing across multiple segments, using patented scaffolds made from naturally dissolving polymers to guide bone-forming cells and reduce post-surgery complications associated with permanent bone implants.
Average Trading Volume: 2,768,935
Technical Sentiment Signal: Sell
Current Market Cap: A$2.43M
Learn more about OSX stock on TipRanks’ Stock Analysis page.