tiprankstipranks
AML3D Issues Unquoted Options to Bolster Financial Flexibility
Company Announcements

AML3D Issues Unquoted Options to Bolster Financial Flexibility

Story Highlights

Invest with Confidence:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles