Business
Healthcare outfits 4D Medical, Pacific Smiles launch raisings – The Australian Financial Review
Fresh from receiving $28.9 million in government funding to develop its lung imaging hardware, 4DMedical is now after some money from institutional investors.
Bell Potter and E&P were lead managers on the deal, and were calling for bids into the placement by 3pm on Sydney.
Meanwhile, dental centre operator Pacific Smiles Group was also in the market with a raising on Tuesday, searching for $15 million in fresh capital.
Bell Potter and Wilsons were handling the deal, which was underwritten and priced at $2.60 a share, a 3.7 per cent discount to Pacific Smiles last close.
Money raised would be used to accelerate the companys clinic rollout. Seven Pacific…
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