General Investor Information EBR Systems, page-303

And @Saragian (bless your cotton socks)  despite that you are my long-beloved pacemaker, held close to my heart yet I missed the beat here?
Your posts on EBR are also well worth looking up for a comprehensive retrospective and current view of the way the technical pulse fits into this story.

And you were out before last June’s capital raise?

Spoiler : Here; an AFR summary

https://www.copyright link/street-t...-potter-morgans-on-the-ticket-20230622-p5dio6
EBR Systems in $30m raise; Wilsons, Bell Potter, Morgans on the ticket
Sarah Thompson, Kanika Sood and Emma Rapaport
Jun 22, 2023 – 3.28pm


EBR Systems, the listed heart-pacing device maker backed by investors including Bill Ferris and Mark Carnegie, was raising $30 million on Thursday.

EBR Systems chief executive John McCutcheon.

The offer was priced at 91¢ per CDI (Chess depository interest), a 7.1 per cent discount to the last close price of 98¢ or a 12.6 discount to the 10-day volume-weighted average price of $1.04. It comprised an institutional placement of new CDIs to eligible institutional investors and a security purchase plan.

Potential backers were told funds raised will be used to expand EBR’s sales team and inventory for commercial launch. Post-raise, the company will have a pro forma cash balance of $127.9 million.

EBR Systems, founded in 2003, has developed a wireless pacing system for heart failure, which has been implanted in 450 patients around the world. The company was listed on the ASX in November 2021.
Wilsons, Bell Potter and Morgans were mandated as joint lead managers on the raise. The book would close at 4pm on Thursday and the stock is expected to resume trading on Friday.

As you can see it has a picture of the CEO, John McCutcheon and reminds the $35m  raise was priced near an important technical level   at 91c a share and took cash up to around $128m.

Here’s a link to John’s lasr presentation on July 12 which I’ve only scanned but think  has cash recently sitting at around $90m?
[CEO investor presentation]

cheers