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An announcement from Rhythm Biosciences Ltd. ( (AU:RHY) ) is now available.
Rhythm Biosciences Ltd. has announced a proposed issue of 38,321,133 ordinary fully paid securities, with the issue date set for August 22, 2025. This move is part of a strategic effort to raise capital, potentially enhancing the company’s operational capabilities and strengthening its market position in the biotechnology sector.
More about Rhythm Biosciences Ltd.
Rhythm Biosciences Ltd. operates in the biotechnology industry, focusing on the development of medical diagnostics. The company is primarily engaged in creating innovative products for the early detection of cancer, aiming to improve patient outcomes and healthcare efficiency.
Average Trading Volume: 658,000
Technical Sentiment Signal: Buy
Current Market Cap: A$30.54M
For detailed information about RHY stock, go to TipRanks’ Stock Analysis page.