Placement to Raise $3.25 million

Control Bionics Limited (ASX: CBL) (“Control Bionics” or “the Company”) is pleased to announce it has successfully completed a private placement of 50,000,000 new fully paid ordinary shares at an issue price of $0.065 per share, raising $3.25 million. This represents a discount of approximately 6.4% to the 5-day VWAP of CBL shares traded on the ASX up to 28 November 2025. The placement was complet