IPD 1.23% 8.0¢ impedimed limited

Proceeds from the Offer will be used for: • Working capital ‒...

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    Proceeds from the Offer will be used for:
    • Working capital ‒ General working capital that is sufficient for ImpediMed to achieve breakeven, including advance inventory purchases to address growth, current global chip shortages, COVID-19 related supply chain issues and transition to SOZO II
    • Product enhancements ‒ SOZO II development, including weight scales and improved electronics for Renal Failure and Heart Failure
    • Data and software enhancements ‒ Corporate account development including electronic health record integration and heart failure programs
    • Development and commercialisation of renal failure application ‒ End stage renal disease clinical trial and US FDA clearance

    I'm happy with this ... glad there were no options!
    Last edited by GCInvestor: 27/10/21
 
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