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Althea Group Holdings Launches Cleansing Offer to Lift Trading Restrictions

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Althea Group Holdings Launches Cleansing Offer to Lift Trading Restrictions

Althea Group Holdings Ltd. ( (AU:AGH) ) has provided an update.

Althea Group Holdings Ltd. is conducting a Cleansing Offer to issue up to 100 new shares at a price of A$0.10 each. This move is primarily aimed at removing trading restrictions on certain shares to be issued under the Tranche 1 Placement, as per section 708A(11) of the Corporations Act. The offer is not intended for release or distribution in the United States, and stakeholders are advised to consult their professional advisers due to the speculative nature of the shares.

More about Althea Group Holdings Ltd.

YTD Price Performance: -23.33%

Average Trading Volume: 1,565,019

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$11.68M

Find detailed analytics on AGH stock on TipRanks’ Stock Analysis page.

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