Brief: Somnomed Announces A$22.6 Million Capital Raising

SomnoMed

09/04/2024 02:31

April 9 (Reuters) - Somnomed Ltd  SOM.AX :
    * A$22.6 MILLION CAPITAL RAISING
    * REVISED FY24 REVENUE GROWTH GUIDANCE OF 6% - 9% VERSUS
PREVIOUS
GUIDANCE OF 12%
    * CAPITAL RAISING VIA 1 FOR 1.01 ACCELERATED PRO RATA
NON-RENOUNCEABLE ENTITLEMENT OFFER
    * REVISED FY24 EBITDA GUIDANCE OF LOSS A$1 MILLION - A$0
MILLION
VERSUS PREVIOUS GUIDANCE OF A$3 MILLION
    * ENTITLEMENT OFFER WILL BE ISSUED AT PRICE OF A$0.21 PER
NEW
SHARE


Further company coverage:  SOM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))