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Skin Elements Limited Announces Successful Oversubscription in Share Issue

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Skin Elements Limited Announces Successful Oversubscription in Share Issue

Skin Elements Limited ( (AU:SKN) ) just unveiled an update.

Skin Elements Limited announced that it has received additional oversubscription applications for 43,333,333 new shares and options, raising an extra $130,000 before costs. This development follows the results of their entitlement issue and highlights the growing investor interest in the company’s offerings, potentially strengthening its market position and financial standing.

More about Skin Elements Limited

Skin Elements Limited is an Australian biotechnology company specializing in the development of natural plant-based formulations. The company is known for its innovative SE Formula Biotechnology, which has led to the creation of products like the SuprCuvr disinfectant, ECO-Nurture plant bio-stimulant, Soléo Organics sunscreen, PapayaActivs skincare products, and the Elizabeth Jane Natural Cosmetics brand.

Current Market Cap: A$3.01M

See more data about SKN stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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