Memphasys reinstated to trading following capital raising announcement

Memphasys Limited (ASX:MEM) has announced the lifting of the trading suspension on its securities. The suspension will be lifted immediately following the release of an announcement regarding a capital raising.

Executive Commentary on Trading Suspension and Capital Raising

We are pleased to announce the reinstatement of trading in MEM securities following the release of our capital raising announcement. This is an important step for the company as we move forward with our strategic initiatives. We appreciate the support of our investors and look forward to the opportunities ahead.

Summary of Memphasys Reinstatement and Outlook

Memphasys Limited (ASX:MEM) has successfully reinstated trading following the announcement of a capital raising. The company's focus on strategic initiatives is evident through this move, indicating a proactive approach to funding its future plans. The lifting of the trading suspension reflects the company's commitment to transparency and its efforts to strengthen its financial position. Looking ahead, Memphasys aims to utilize the raised capital effectively to drive its corporate strategy and achieve its long-term goals.