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Ondine Biomedical’s Share Issuance Alters Ownership Structure

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Ondine Biomedical’s Share Issuance Alters Ownership Structure

Ondine Biomedical, Inc. ( (GB:OBI) ) just unveiled an announcement.

Ondine Biomedical Inc., a company in the biotechnology sector, has issued new shares leading to a dilution of ownership. This change has impacted Carolyn Cross, a major shareholder, whose voting rights have decreased from 29.23% to 26.71%, indicating a significant shift in the company’s shareholder structure.

More about Ondine Biomedical, Inc.

YTD Price Performance: 31.43%

Average Trading Volume: 528,037

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £48.48M

Find detailed analytics on OBI stock on TipRanks’ Stock Analysis page.

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