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EBR Systems Inc (ASX:EBR)

ALERT: Price-sensitive ASX Announcement for EBR
Current share price for EBR : $0.355 -0.015 (-4.05%)+
Announcement
Release
11 Jun 2026 9:59AM
Price at Release
$0.370
Full Release
download
Summary
EBR Systems, Inc. has announced the opening of its Retail Entitlement Offer on June 11, 2026, part of a capital raising initiative to generate approximately $150 million. This initiative includes a fully underwritten 1-for-2 accelerated non-renounceable pro-rata entitlement offer of new CHESS Depositary Interests (CDIs) at $0.38 per CDI. The Retail Entitlement Offer is expected to raise approximately $43.6 million and will remain open until June 22, 2026. The offer is available to eligible retail securityholders in Australia and New Zealand. The proceeds from this entitlement offer will support the commercialisation, manufacturing scale-up, and research and development of EBR Systems’ wireless cardiac pacing technology.
Key Points
  • Retail Entitlement Offer opens on June 11, 2026.
  • Approximately $43.6 million to be raised under the Retail Entitlement Offer.
  • Offer price set at $0.38 per new CDI.
  • Offer is fully underwritten.
  • Eligibility restricted to retail securityholders in Australia and New Zealand.
  • Funds to support commercialisation and R&D of wireless cardiac pacing technology.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.