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Entyr Limited Announces Capital Raising Initiatives
Company Announcements

Entyr Limited Announces Capital Raising Initiatives

Story Highlights
  • Entyr Limited offers a variety of share purchase options to raise capital.
  • The offers are conditional on shareholder approval and other criteria for ASX trading reinstatement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Pearl Global Ltd ( (AU:ETR) ) just unveiled an update.

Entyr Limited, currently under a Deed of Company Arrangement, has released a prospectus detailing various offers aimed at raising capital. The company is offering eligible shareholders the opportunity to subscribe to a Share Purchase Plan (SPP) and buy new shares with attached options. The prospectus also includes additional offers such as the Placement Offer, Management Offer, Proponent Offer, Advisor Offer, and Director Fee Share Offer. These are conditional on shareholder approval of recapitalization resolutions, the raising of minimum subscriptions, and the fulfillment of the Deed of Company Arrangement conditions. This move is essential for Entyr Limited’s reinstatement to trading on the ASX.

More about Pearl Global Ltd

YTD Price Performance: 0.0%

Average Trading Volume: 3,146,233

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$13.88M

Find detailed analytics on ETR stock on TipRanks’ Stock Analysis page.

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