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BrainChip Holdings Initiates Trading Halt
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BrainChip Holdings Initiates Trading Halt

BrainChip Holdings (AU:BRN) has released an update.

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BrainChip Holdings Ltd has requested a trading halt on its securities, including fully paid ordinary shares, to facilitate an orderly capital raise. The halt will remain in effect until the company’s forthcoming announcement or the start of trading on Thursday, 25 July 2024, whichever comes first. This strategic move is aimed at ensuring stability and fairness during the capital raise process.

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

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