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Australia-traded Karmelsonix mulls TASE listing
The Wheezometer developer's market value is $21 million. Sources inform ''Globes'' that Wheezometer developer KarmelSonix Ltd. (ASX: KSX) is considering dual-listing on the Tel Aviv Stock Exchange (TASE). The company is also considering a Private Investment in Public Equity (PIPE) of several million dollars from Israeli and Australian investors ahead of the dual listing.
KarmelSonix develops asthma diagnostic devices based on the patient's wheezing, hacks, and coughs. The Wheezometer analyzes the sounds to provide data about the illness and severity of an attack, and recommends treatment.
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