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An announcement from PainChek Ltd ( (AU:PCK) ) is now available.
PainChek Ltd has announced the issuance of 9,915,014 unquoted securities in the form of performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted. This move is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market positioning.
More about PainChek Ltd
PainChek Ltd operates in the healthcare technology industry, focusing on developing and providing innovative pain assessment solutions. Their primary product is a smartphone-based application that uses artificial intelligence to assess and score pain levels in individuals who cannot communicate effectively, such as those with dementia.
Average Trading Volume: 1,831,803
Technical Sentiment Signal: Buy
Current Market Cap: A$75.52M
For a thorough assessment of PCK stock, go to TipRanks’ Stock Analysis page.