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PYC Therapeutics Announces Retail Entitlement Offer

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PYC Therapeutics Announces Retail Entitlement Offer

PYC Therapeutics Limited ( (AU:PYC) ) has provided an update.

PYC Therapeutics Limited has launched a 1 for 4 accelerated non-renounceable pro-rata entitlement offer of fully paid ordinary shares, priced at $1.25 per share. This initiative is part of their strategy to strengthen their financial position and support future growth. The offer is accessible to eligible retail shareholders in Australia and New Zealand, while excluding the United States, reflecting the company’s focus on expanding its shareholder base within these regions.

More about PYC Therapeutics Limited

YTD Price Performance: -4.96%

Average Trading Volume: 428,521

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$726.2M

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

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