Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Anteris Technologies (AVR) pauses trading as it plans for an upcoming capital raise
  • On Thursday, the company entered a trading halt, pausing shares until Monday, August 2
  • It is unknown how much the company is planning to raise or where the funds will be spent
  • On the market, Anteris last traded at $8.59 per share

Anteris Technologies (AVR) has paused trading as it plans for an upcoming capital raise.

On Thursday, the company entered a trading halt, pausing shares until Monday, August 2.

Currently, it is unknown how much the company is planning to raise or where the funds will be spent.

Anteris is a structural heart company, providing solutions for heart valves.

Earlier this week, the company received a patent from the Australian Patent Office for its sterilised packaging system for catheters.

The patent is for 20 years from July 16, 2018.

In June, Anteris’ finished the proof-of-concept animal study on conduits treated with its Adapt tissue technology in the carotid artery.

Conduits treated with the Adapt process showed no evidence of calcification as indicated by histopathology. The company said the results further validate its anti-calcification properties in highly problematic areas of surgery.

On the market, Anteris last traded at $8.59 per share.

AVR by the numbers
More From The Market Herald
Agrimin (ASX:AMN) - CEO, Mark Savich

" Agrimin (ASX:AMN) prepares for capital raise amid SOP offtake

Fertiliser development company Agrimin (AMN) has entered a trading halt while it plans a capital raise.

" GWR Group (ASX:GWR) to launch fresh cap raise

Junior miner GWR Group (ASX:GWR) has started the week in a trading halt as it prepares…

" Artemis Resources (ASX:ARV) enters trading halt for capital raise and dual listing

Artemis Resources (ASX:ARV) has entered a trading halt regarding a capital raise and proposed dual AIM…

" Austin Metals (ASX:AYT) halts trade, eyes fresh capital

Austin Metals (ASX:AYT) has placed its shares in a trading halt in regards to an upcoming…