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Vitasora Health ( (AU:VHL) ) has issued an update.
Vitasora Health Limited has successfully raised $11 million through a placement supported by institutional and long-term shareholders, reflecting strong investor confidence in the company’s strategy and execution capabilities. The funds will support Vitasora’s operations until it reaches cash flow breakeven in the second half of fiscal year 2026, enabling the company to expand its clinical operations, enhance its technology platform, and strengthen client relationships. This capital raise positions Vitasora to scale efficiently and generate long-term shareholder value, with additional commercial opportunities anticipated in the near future.
More about Vitasora Health
Vitasora Health Limited, formerly known as Respiri Limited, is a leader in delivering AI-powered, Connected Care solutions in the U.S. healthcare market.
YTD Price Performance: -53.01%
Average Trading Volume: 874,096
Technical Sentiment Signal: Sell
Current Market Cap: A$61.5M
Learn more about VHL stock on TipRanks’ Stock Analysis page.