Completion of PNS Placement and Cleansing Statement
| Stock | Singular Health Group Ltd (SHG.ASX) |
|---|---|
| Release Time | 27 Mar 2025, 9:43 a.m. |
| Price Sensitive | Yes |
Singular Health Completes PNS Placement
- Singular Health issues 5,555,556 new shares at $0.09 to raise $500,000 from PNS cornerstone investment
- 50,000 shares issued pursuant to exercise of unlisted options
- Provides notice under Section 708A(5)(e) of Corporations Act
Singular Health Group Limited (ASX: SHG), a medical technology company, has announced the completion of the issue of 5,555,556 new fully paid ordinary shares at $0.09 per share to raise $500,000 from Provider Network Solutions' (PNS) cornerstone investment in the company's capital raising previously announced on 20 November 2024 and approved by shareholders on 19 March 2025. The company has also issued 50,000 fully paid ordinary shares pursuant to the exercise of 50,000 unlisted options with an exercise price of $0.15 expiring 25 July 2027. Singular Health has provided a notice pursuant to section 708A(5)(e) of the Corporations Act 2001, stating that the company has complied with the relevant provisions of the Act and there is no 'excluded information' that needs to be disclosed.