July 26 (Reuters) - Oventus Medical Ltd OVN.AX :
* COMMITMENTS RECEIVED FOR A TWO TRANCHE PLACEMENT TO RAISE ABOUT $7 MILLION (BEFORE COSTS)
* LAUNCHES FULLY UNDERWRITTEN 1 FOR 20 PRO-RATA NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $2.3 MILLION