Imagion Biosystems Ltd. (AU:IBX) has released an update.
Imagion Biosystems Limited is seeking to raise capital through the placement of 242,000 Convertible Notes at $0.90909 each, aiming to collect approximately $220,000 before costs, alongside the grant of 2,048,122 Options. The company has issued a transaction-specific prospectus under section 713 of the Corporations Act and ASIC Corporations Instrument for investor consideration. Interested parties are advised to thoroughly review the prospectus and consult with professional advisers if necessary.
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