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Regeneus Ltd. ( (AU:CMB) ) has shared an announcement.
Cambium Bio Limited has announced a General Meeting scheduled for March 2025 to discuss a significant transaction involving the issuance of 3,989,650 shares to Sebastian Tseng and Zheng Yang Biomedical Technology Co., Ltd (ZYBT). This move is set to increase their voting power from 24.53% to 37.71%. The Independent Expert’s Report suggests that while the transaction may not be fair, it is reasonable for non-associated shareholders, indicating potential strategic shifts in company control and stakeholder dynamics.
More about Regeneus Ltd.
Cambium Bio Limited operates in the biotechnology industry, focusing on the issuance of shares to enhance its market presence. The company is engaged in control transactions that influence shareholder interests and voting power.
YTD Price Performance: 0%
Average Trading Volume: 9,629
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.31M
See more data about CMB stock on TipRanks’ Stock Analysis page.
