Gelteq Limited Secures $12 Million Funding Agreement with Lincoln Park

Gelteq Limited ( (GELS) ) has issued an announcement.

On March 13, 2025, Gelteq Limited entered into a significant purchase agreement with Lincoln Park Capital Fund, LLC, allowing for the sale of up to $12 million of its ordinary shares. This agreement, which includes a registration rights agreement, is structured to provide Gelteq with flexible funding options over a 24-month period, contingent upon market conditions and share prices. The arrangement is expected to support Gelteq’s research, development, and marketing activities, potentially impacting its financial operations and market positioning.

More about Gelteq Limited

Gelteq Limited is an Australian public limited company operating in the financial industry. The company focuses on the issuance and sale of its ordinary shares, with a market focus on raising capital through strategic agreements.

YTD Price Performance: -44.54%

Average Trading Volume: 196,959

Technical Sentiment Consensus Rating: Strong Buy

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