Private healthcare operator Pulse Health (ASX: PHG) has announced the successful completion of a capital raising to sophisticated investors.
The second tranche of its capital raising relates to the the allotment of 22,428,333 shares (representing $1,345,700) on 3 December 2009 and completes the placement program which has raised $3.5 million at 6 cents per share.
The company’s previously announced Share Purchase Plan closed 5.00pm Wednesday 2 December 2009.