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ASL Marine Expands Share Count Post-Warrants
Company Announcements

ASL Marine Expands Share Count Post-Warrants

ASL Marine Holdings Ltd. (SG:A04) has released an update.

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ASL Marine Holdings Ltd. has announced an increase in its issued ordinary shares from 886,982,701 to 916,220,201 following the exercise of 29,237,500 warrants. The newly issued shares, priced at S$0.06 each, are set to be listed and commence trading on the SGX-ST on July 2, 2024. This move leaves the company with 282,689,053 outstanding warrants, also with an exercise price of S$0.06, which are due to expire on July 23, 2024.

For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.

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