Cardiex Limited (ASX: CDX) (the Company) is pleased to announce the completion of a
capital raising via a placement of 36,111,112 fully paid ordinary shares in the Company to
institutional and sophisticated investors (the “Placement” or the “Offer”) to raise $3.25
million (before costs).
New shares issued under the Placement will be issued at an offer price of $0.09 per share, a
9.1% discount to the last closing price and a 9.3% discount to the 15-day VWAP. Participants
in the Placement will receive one (1) free attaching listed option for every new share
received under the Offer. The listed options will come under the existing class CDXOA.ASX,
tradable and exercisable at $0.20, expiring on or before 30 November 2025.
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