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Avita Medical Secures $15M Equity Placement Agreement with MST Financial Services
ByAinvest
Tuesday, Aug 19, 2025 8:46 pm ET1min read
Avita Medical announces a $15M equity placement agreement with MST Financial Services to raise funds through the sale of 17.2 million CHESS Depositary Interests. The placement is expected to close on August 19, 2025. The company has significant net losses and negative equity, but recent partnerships offer some optimism. Analysts rate the stock a Sell with a $3.00 price target.
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