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Singular Health Group Expands Share Capital Through Option Exercise

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Singular Health Group Expands Share Capital Through Option Exercise

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Singular Health Group Ltd ( (AU:SHG) ) has shared an announcement.

Singular Health Group Limited has issued 2,768,181 fully paid ordinary shares following the exercise of unlisted options and conversion of vested performance rights under its employee incentive plan. This move, which raised $181,818, reflects the company’s ongoing efforts to enhance its financial standing and operational capacity. The issuance was conducted without disclosure to investors under the Corporations Act, indicating compliance with regulatory requirements and transparency in its operations.

More about Singular Health Group Ltd

Singular Health Group Limited is a Western Australian, ASX-listed medical technology company focused on creating an integrated healthcare ecosystem. The company aims to unlock the full value of medical imaging records, promoting interoperability and maximizing patient outcomes. Their flagship product, 3Dicom software solutions, empowers patients and practitioners to better visualize and understand medical imaging data, with 3Dicom MD cleared for diagnostic use in the United States.

Average Trading Volume: 851,050

Technical Sentiment Signal: Buy

Current Market Cap: A$96.54M

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

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