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Top Shelf Launches Share Offer for Eligible Shareholders
Company Announcements

Top Shelf Launches Share Offer for Eligible Shareholders

Top Shelf International Holdings Ltd. (AU:TSI) has released an update.

Top Shelf International Holdings Ltd. has launched a Retail Entitlement Offer allowing eligible Australian and New Zealand shareholders to purchase two new shares at $0.10 each for every three shares owned as of May 24, 2024, aiming to raise approximately $3.9 million. Additionally, participating shareholders will have the opportunity to receive free attaching options, exercisable at $0.12 within three years. The offer is part of a larger capital raising initiative that included an Institutional Entitlement Offer, details of which are provided in a retail offer booklet available to shareholders.

For further insights into AU:TSI stock, check out TipRanks’ Stock Analysis page.

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