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MedAdvisor Limited Announces Securities Issue to Bolster Financial Position

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MedAdvisor Limited ( (AU:MDR) ) has provided an announcement.

MedAdvisor Limited has announced a proposed issue of 20 million ordinary fully paid securities under a securities purchase plan, with the record date set for March 31, 2025, and the offer closing on April 17, 2025. This move is part of MedAdvisor’s strategy to strengthen its financial position, potentially enhancing its market presence and operational capabilities in the digital healthcare sector.

More about MedAdvisor Limited

MedAdvisor Limited operates in the healthcare industry, focusing on providing digital medication management solutions. The company offers platforms that help patients manage their medications effectively, aiming to improve health outcomes and streamline pharmacy operations.

YTD Price Performance: -50.0%

Average Trading Volume: 565,558

Technical Sentiment Signal: Buy

Current Market Cap: A$60.72M

Find detailed analytics on MDR stock on TipRanks’ Stock Analysis page.

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