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ASL Marine Expands Share Count Post-Warrants Exercise
Company Announcements

ASL Marine Expands Share Count Post-Warrants Exercise

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 about 919.7 million to approximately 937.7 million due to the exercise of 18 million warrants at S$0.06 each. These new shares are set to be listed and begin trading on the SGX-ST on July 17, 2024. Following this exercise, there remain 261.2 million warrants, with the same exercise price, expiring soon after, on July 23, 2024.

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

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