Respiri's capital raising and placement announcement

Respiri Limited (ASX: $RSH) has lifted the suspension of trading in its securities following the release of an announcement regarding a capital raising and placement of shares. The company aims to continue accelerating its USA commercialisation strategy.

Executive Commentary on Capital Raising and Placement

We are pleased to announce the reinstatement to quotation and the capital raising and placement of shares. This will enable us to further drive the commercialisation of our products in the USA market, which is a key strategic focus for Respiri. The funds raised will support our efforts to expand our presence and reach more customers, ultimately contributing to our long-term growth and success.

Summary of Respiri's Announcement

Respiri Limited (ASX: $RSH) has reinstated trading following the announcement of a capital raising and placement of shares to support the acceleration of its USA commercialisation strategy. The company's focus on the USA market underscores its commitment to expanding its presence and customer base. The capital raising is expected to provide the necessary resources to drive growth and achieve its strategic objectives. This move reflects Respiri's determination to strengthen its position in the market and pursue its long-term goals.