MedAdvisor Gets Court Nod to fix Late Share Notice Filing

MT Newswires Live

2025/05/05

MedAdvisor (ASX:MDR) secured approval from the Federal Court of Australia on Friday to rectify a late cleansing notice tied to its share placement, according to a Friday filing with the Australian bourse.

The company sought court orders after missing the deadline to submit a cleansing notice for 45.8 million shares issued on April 8 under a placement, due to an administrative oversight, the filing said.

The company has requested the immediate lifting of its voluntary trading suspension, which has been in place since April 29, the filing added.

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