Acusensus trading halt announcement

Acusensus (ASX: ACE) has announced a trading halt on its ordinary shares. This is in anticipation of a capital raising announcement. The focus will be on an institutional placement and a share purchase plan. The halt will last until the announcement is made or normal trading resumes on Friday, 6 December 2024.

Overview of strategic capital raising

Acusensus (ASX: ACE) has implemented a trading halt on its shares to facilitate a capital raising initiative. This includes an institutional placement and a share purchase plan. The halt is expected to end with the release of the announcement or by the start of normal trading on Friday, 6 December 2024. This strategic move aims to secure additional funding to support the company's growth and operational goals. Acusensus has complied with ASX regulations and provided necessary information to the exchange. The company is set to announce further details once the capital raising is finalized.

Executive insights on trading halt

The company expects to resolve the halt with the release of the pertinent announcement. Acusensus has confirmed there are no known reasons why the halt should not be granted or any additional relevant information available at this time.