April 7 (Reuters) - Cellmid Ltd CDY.AX :
* RAISED $6 MILLION VIA A SHARE PLACEMENT FROM INSTITUTIONAL AND SOPHISTICATED INVESTORS
* PLACEMENT WILL RESULT IN ISSUE OF ABOUT 27.3 MILLION MILLION FULLY PAID ORDINARY SHARES AT 22 CENTS EACH
* EXISTING SHAREHOLDERS WILL HAVE OPPORTUNITY TO PARTICIPATE ON SAME TERMS VIA A SHARE PURCHASE PLAN TARGETING AN ADDITIONAL $1.0 MILLION
* PROCEEDS RAISED UNDER OFFER TO FUND ROLL OUT OF WONDFO SARS-V-2 DIAGNOSTIC TEST