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Energy One Launches Entitlement Offer to Raise Funds
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Energy One Launches Entitlement Offer to Raise Funds

Energy One Limited (AU:EOL) has released an update.

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Energy One Limited has announced a non-renounceable entitlement offer aiming to raise approximately $4.3 million by offering new shares at $4.05 each. Shareholders from Australia or New Zealand as of 30 May 2024 are eligible to subscribe for one new share for every 28 shares they hold, with the deadline for acceptance being 14 June 2024. The offer is fully underwritten by Unified Capital Partners Pty Ltd, with arrangements for any unsubscribed shares.

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

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