Control Bionics Ltd. (AU:CBL) has released an update.
Control Bionics Limited has announced a new proposed issue of securities, including an option for Lead Manager options expiring in 2027, with a total of 250,000 securities to be potentially issued. The proposal, dated July 31, 2024, indicates an intended issue date of October 11, 2024, as the company looks to expand its financial horizons. Investors are keeping a close eye as this could signify new growth opportunities for the firm.
For further insights into AU:CBL stock, check out TipRanks’ Stock Analysis page.