Invion Ltd. (AU:IVX) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Invion Limited has announced the issuance of 28,726,129 new shares at no cost, in accordance with the Corporations Act, without the need for disclosure to investors. The life-science company, known for its Photosoft™ technology for cancer treatment, is in compliance with all necessary regulatory obligations. The shares were issued as Invion continues to focus on the development and clinical trials of its innovative Photodynamic Therapy, which is funded by RMW Cho Group Limited and its affiliates.
For further insights into AU:IVX stock, check out TipRanks’ Stock Analysis page.