Jaxsta Limited (AU:VNL) 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
Jaxsta Limited has announced a fully underwritten entitlement offer to raise approximately A$7.65 million through a 1-for-15.5 share offer at A$0.10 per new share. The offer is structured in two components: an institutional entitlement offer, which has already raised A$4.26 million, and a retail entitlement offer open to eligible shareholders in Australia and New Zealand. The offer price presents a discount to recent trading prices, providing an opportunity for eligible investors to increase their holdings.
For further insights into AU:VNL stock, check out TipRanks’ Stock Analysis page.
