EmVision Medical Devices Limited

EmVision Medical Devices Limited (ASX:EMV)

Offer Price

A$1.940

per share

Offer Size

A$10,000,000

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EmVision Medical Devices Limited (ASX:EMV)

EMV

Lead Manager

Contact - Jake Grbavac

0474 484 982

jake@liquidity.com.au

Offer Price

A$1.940

per share

Offer Size

A$10,000,000

Offer Details

Issue Price (Per Share)

A$1.940

Discount

-9.60%

Offer Size

A$10,000,000

Shares Available

5,154,639

The Offeror is seeking to raise a total of approximately A$10 million comprising the Offer and the SPP (which is expected to raise between A$1 million and A$2 million) by way of the issue of approximately 5.2 million new fully paid ordinary shares in the Offeror, representing ~6.0% of the Offeror’s existing ordinary shares on issue. The Offeror however reserves the right to accept oversubscriptions.

Discount

Fixed price of A$1.94 per New Security (“Offer Price” or “Price”), representing a:

  • 16.4% discount to the last closing price of A$2.32 (12 September 2025); and
  • 11.5% discount to the 5-day VWAP of A$2.19 (from 8 – 12 September 2025).

Options

Three free-attaching listed options for every four New Securities subscribed for and issued under the Placement, at an exercise price per option equal to a 75% premium to the Offer Price and expiring two years from the issue date.

Company Overview

EMVision Medical Devices Ltd is an Australian medical device company founded in 2017, headquartered in Macquarie Park, Sydney. The company grew out of over a decade of research at the University of Queensland and focuses on developing portable, non-invasive neurodiagnostic imaging technologies. Its lead product, the emu™ bedside brain scanner, aims to enable rapid stroke diagnosis at the patient’s bedside; a second generation device, a lightweight “First Responder” scanner designed for use in ambulances and pre-hospital settings, is also under development.

Use of Funds

Funds to be deployed over FY26 and FY27 to advance the Offeror through major milestones, including supporting FDA submission and initial commercialisation activities for the emuTM device (bedside brain scanner), and advancing the First Responder (pre-hospital) backpack brain scanner through clinical trials, production readiness and regulatory preparation.

Indicative Timetable

Trading halt commences

Monday, 15 September 2025

Placement bookbuild opens

Monday, 15 September 2025

Placement bookbuild closes

4:30pm on Tuesday, 16 September 2025

Signed Confirmation of Allocation and completed CARD Form / provision of settlement details due

9:00am on Wednesday, 17 September 2025

Announcement of outcome of the Placement, trading halt lifted - trading resumes on the ASX

Wednesday, 17 September 2025

Settlement of New Securities issued under the Placement

Tuesday, 23 September 2025

Allotment and normal trading of New Securities issued under the Placement

Wednesday, 24 September 2025

Disclaimer

This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of EmVision Medical Devices Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.

Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in EmVision Medical Devices Limited.

EmVision Medical Devices Limited

Placement

EmVision Medical Devices Limited (ASX:EMV)

EMV

Offer Price

A$1.940

per share

Offer Size

A$10,000,000

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