"Sleep devices company Compumedics has raised $6.5 million in a placement and selldown handled by PAC Partners.
The stockbroker raised $4.5 million for the placement at 54¢ a share and sold another $2 million of stock on behalf of 60 per cent shareholder David Burton and chief financial officer David Lawson.
The deals were done at a narrow 1 per cent discount to the last close and a 5 per ent discount to the one-month volume weighted average price.
Funds raised were for sales and marketing campaigns.
Compumedics shares are expected to resume trading on Friday. "
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