Heramed Completed $2.32 Million Placement and Launched SPP

  • Jun 05, 2020 AEST
  • Team Kalkine

Heramed Limited (ASX:HMD) announced completion of $2.32 million via share placement by issuing shares at $0.09 per share to new and existing investors.

Placement is a part of capital raising initiative to raise up to $3.82 million to strengthen company’s balance sheet and speed up commercial rollout of its proprietary digital pregnancy monitoring platform, HeraCARE.

Mr David Groberman, CEO and Cofounder stated that since the COVID-19, there has been a significant rise in the telehealth maternity care platform from healthcare professionals globally and the funds will help to get the most out of such prospects.


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