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AML3D Ltd ( (AU:AL3) ) has provided an announcement.
AML3D Limited has announced the issuance of 16,128,218 unquoted options under its Listing Rule 7.1 capacity. These options, exercisable until June 2027 at an exercise price of $0.30, allow holders to subscribe for ordinary shares in the company, with specific terms governing their exercise and impact on shareholder rights. This move is poised to enhance AML3D’s financial flexibility and could potentially attract investment as the company strengthens its market position in the metal additive manufacturing sector.
More about AML3D Ltd
AML3D Limited is a publicly listed technology company pioneering metal additive manufacturing since 2014. It utilizes patented Wire Additive Manufacturing (WAM) technology to 3D print large-scale metal parts for industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. The company operates a Technology Centre in Adelaide and manufactures the ARCEMY® industrial metal 3D printing system.
YTD Price Performance: -11.11%
Average Trading Volume: 3,383,544
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$86.02M
See more data about AL3 stock on TipRanks’ Stock Analysis page.