Biotron Limited ( (AU:BIT) ) has issued an announcement.
Biotron Limited has issued a replacement prospectus for a renounceable pro rata offer to eligible shareholders, aiming to raise approximately $2.7 million through the issuance of new shares. The offer is partially underwritten by Mahe Capital Pty Limited for $750,000. This move is intended to strengthen the company’s financial position and provide additional capital for its operations, although the offer is not available to US persons or for sale in the United States.
More about Biotron Limited
YTD Price Performance: 390.0%
Average Trading Volume: 31,750
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.41M
Learn more about BIT stock on TipRanks’ Stock Analysis page.
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