Cogstate Ltd Sees Stake Increase by Anacacia
Company Announcements

Cogstate Ltd Sees Stake Increase by Anacacia

Cogstate Ltd (AU:CGS) has released an update.

Cogstate Ltd has announced a significant shift in its ownership structure, with substantial holder Anacacia Pty Limited increasing its stake from 6.1% to 7.1% through on-market purchases. Anacacia Pty Limited acquired an additional 1,709,773 ordinary shares for a consideration of $1,965,949, indicating a notable vote of confidence in the company’s future.

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

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