Avita Medical Inc. Announces AU$22.7 Million CDI Placement to Australian Investors

Reuters

Aug 19

Avita Medical Inc. Announces AU$22.7 Million CDI Placement to Australian Investors

Avita Medical Inc. has entered into a placement agreement with MST Financial Services Pty Limited for the sale of 17,201,886 CHESS Depositary Interests (CDIs) to Australian institutional and professional investors. The issue price is approximately AU$1.32 per CDI, with five CDIs representing one share of common stock. The company expects aggregate proceeds of approximately US$15 million (A$22.7 million) from this transaction. The placement is anticipated to close on or about August 19, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avita Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001762303-25-000026), on August 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces AU$22.7 Million CDI Placement to Australian Investors","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Avita Medical Inc. Announces AU$22.7 Million CDI Placement to Australian Investors\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Avita Medical Inc. has entered into a placement agreement with MST Financial Services Pty Limited for the sale of 17,201,886 CHESS Depositary Interests (CDIs) to Australian institutional and professional investors. The issue price is approximately AU$1.32 per CDI, with five CDIs representing one share of common stock. The company expects aggregate proceeds of approximately US$15 million (A$22.7 million) from this transaction. 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Announces AU$22.7 Million CDI Placement to Australian Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-19 05:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Avita Medical Inc. 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