Genetic Technologies (AU:GTG) has released an update.
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Genetic Technologies Limited has announced the closure of their Entitlement Offer, raising $324,648 from shareholders despite a significant shortfall. With high shareholder participation rates, the company seeks to cover the remaining shortfall by working with brokers and has extended the offer period to meet the minimum $2 million target. They express gratitude to shareholders for their support during the capital-raising initiative.
For further insights into AU:GTG stock, check out TipRanks’ Stock Analysis page.
