Saluda Medical Lists on ASX, Reaffirms Fiscal 2026 Guidance

MT Newswires Live

2025/12/05

Saluda Medical (ASX:SLD) said it listed on the Australian Stock Exchange following its initial public offering that raised AU$230.8 million from the issue of about 87.1 million new Chess depositary interests at AU$2.65 apiece, according to a Friday filing with the Australian bourse.

The company will start trading on the ASX under the ticker symbol "SLD" on Friday, the filing said.

Proceeds raised will be used to expand the company's sales and marketing team, provide commercial support, and for product development, the filing added.

The company reaffirmed its fiscal 2026 revenue guidance of $81.9 million, the filing said.

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