other material
confidence high
sentiment neutral
materiality 0.60
EBR Systems raises ~$36M via 55.9M CDI placement at A$1.00 per CDI
EBR Systems, Inc.
- Issued 55.9M CDIs at A$1.00 (~US$0.6434), raising ~US$36M gross before ~$2.25M fees.
- Placement fully underwritten by J.P. Morgan Securities Australia and Morgans Corporate; settled May 26, 2025.
- Joint lead managers: J.P. Morgan, Morgans, Wilsons Corporate Finance, and E&P Capital.
- Concurrent non-underwritten SPP announced to raise ~A$6M (approx. US$3.86M).