September 21, 2017

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Nuheara raises funds for retail expansion

Audio device brand Nuheara has successfully completed an institutional placement raising A$9m (US$7.15m) to fund the aggressive global retail expansion of its wearable audio device, IQbuds. ASX-quoted Nuheara’s IQbuds combines the features of a hearing device, a bluetooth earpiece and a noise cancelling headset. Investors will be issued shares at A$0.092 per share, which represents a premium of 2.8% to Nuheara’s 30-day volume weighted average share price. Read full story

by Stuart Wilson, Monday 24 July 2017

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