Opthea Limited (AU:OPT) has released an update.
Opthea Limited has announced a new securities issuance, which includes a substantial accelerated offer and a separate placement. The company is proposing to issue over 181 million new options expiring in June 2026, alongside more than 543 million ordinary fully paid shares. Trading of these securities will resume on an ex-entitlement basis from June 14, 2024, with the retail offer closing on July 10, 2024.
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