Anteris Technologies Ltd announced a private placement of 1,125,000 ordinary fully paid shared at a price of AUD 8 per share for gross proceeds of AUD 9 million on August 2, 2021. The transaction will include participation from sophisticated investors. The transaction is expected to close on August 9, 2021. The investors will receive three unlisted 4-year options for every five new shares issued totaling 675,000 options, with an exercise price of AUD 10. These options are subject to shareholder approval under ASX listing rule 7.1. If shareholder approval is not provided, investors will instead receive a cash payment of AUD 1.25 per option.