Completion of Conditional Placement

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Stock Imexhs Ltd (IME.ASX)
Release Time 22 May 2025, 1:44 p.m.
Price Sensitive Yes
 Imexhs Ltd Completes Conditional Placement
Key Points
  • Raised $1.0m through Conditional Placement
  • Issued 2,857,146 new shares at $0.35 per share
  • Placement approved at Annual General Meeting on 19 May 2025
Full Summary

Imexhs Ltd (ASX: IME) has announced the successful completion of a Conditional Placement to raise $1.0 million. The company has issued 2,857,146 new fully paid ordinary shares at an issue price of $0.35 per share to certain directors and their associated entities. The issuance of these new shares was approved by shareholders at the company's Annual General Meeting held on 19 May 2025. The Conditional Placement was originally announced on 3 April 2025. Imexhs is an innovative provider of medical imaging software and radiology services, operating in 18 countries including Colombia, the US, and Australia. The company's cloud-based, vendor-neutral, and zero-footprint solutions are designed to increase productivity and save money for end-users, with a scalable platform that enhances patient outcomes.