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Wellnex Life Ltd Launches $22.1 Million Entitlement Offer

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Wellnex Life Ltd Launches $22.1 Million Entitlement Offer

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The latest announcement is out from Wellnex Life Ltd ( (AU:WNX) ).

Wellnex Life Limited announced a non-renounceable entitlement offer to raise approximately $22.1 million by issuing new fully paid ordinary shares at $0.65 per share. This offer is available to eligible shareholders in Australia and New Zealand who held shares as of February 13, 2025. The capital raised is expected to strengthen the company’s financial position and potentially enhance its market operations, offering opportunities for shareholders to increase their investment in Wellnex.

More about Wellnex Life Ltd

Wellnex Life Limited is a company operating within the health and wellness industry, focusing primarily on offering a range of health-oriented products. The company targets markets in Australia and New Zealand, aiming to enhance lifestyle and well-being through their offerings.

YTD Price Performance: 25.83%

Average Trading Volume: 5,627

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €14.28M

For detailed information about WNX stock, go to TipRanks’ Stock Analysis page.

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