UBI.ASX: Reinstatement to Quotation

Reinstatement to Quotation

Stock	Universal Biosensors Inc (UBI.ASX)
Release Time	2 Jul 2025, 9:52 a.m.
Price Sensitive	Yes

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Universal Biosensors Inc Reinstated to ASX Quotation

Key Points

UBI's trading suspension lifted after signing non-binding term sheet for senior secured loan facility
Announcement regarding new loan facility expected from UBI
Resumption of trading in UBI shares on ASX

Full Summary

The suspension of trading in the securities of Universal Biosensors Inc. (UBI) has been lifted immediately following the release by UBI of an announcement regarding UBI signing a non-binding term sheet for a senior secured loan facility. This means that trading in UBI shares on the ASX will resume. The announcement regarding the new loan facility is expected to be released by UBI. The suspension of UBI's securities was put in place to ensure the market was fully informed about the company's financial position and any developments that may impact its ability to continue as a going concern. With the signing of the non-binding term sheet for the senior secured loan facility, UBI has addressed the concerns that led to the trading suspension, allowing for the reinstatement of quotation.