Pharmaust Limited (AU:PAA) has released an update.
Pharmaust Limited has announced a new securities issuance, proposing a substantial offer of over 10 million ordinary fully paid shares and 5 million unlisted options under a securities purchase plan, with the record date set for 20th June 2024 and the offer closing by 19th July 2024. The planned issue date for these securities is set for the 26th and 28th of July 2024, signaling a significant potential expansion in the company’s capital structure.
For further insights into AU:PAA stock, check out TipRanks’ Stock Analysis page.