Redflow Limited Plans Major Securities Issue

Redflow Limited (AU:RFX) has released an update.

Redflow Limited has announced a significant proposed securities issuance set for April 2024, which includes an offering of nearly 60 million options and over 118 million ordinary fully paid shares. The offer is non-renounceable and is part of a standard pro rata issue, with the record date on April 18, 2024, and the issue date scheduled for May 24, 2024. This move could be of considerable interest to investors looking to engage with the company’s growth.

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