tiprankstipranks
AnteoTech Ltd Launches $5 Million Share Offer
Company Announcements

AnteoTech Ltd Launches $5 Million Share Offer

AnteoTech Ltd (AU:ADO) has released an update.

Pick the best stocks and maximize your portfolio:

AnteoTech Ltd has launched a $5 million Entitlement Offer, allowing eligible shareholders in Australia and New Zealand to purchase one new share for every 10 existing shares at 2.0 cents each. This offer, which is not underwritten, aims to issue approximately 249 million new shares and will close on December 9, 2024. Shareholders can opt to buy additional shares beyond their entitlement if there is a shortfall.

For further insights into AU:ADO stock, check out TipRanks’ Stock Analysis page.

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