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AdAlta Ltd. ( (AU:1AD) ) has provided an announcement.
AdAlta Limited has announced a pro rata, renounceable offer to raise approximately $1.29 million by issuing two new shares for every three shares held by eligible shareholders at a price of 0.3 cents per new share. This capital raising effort includes the issuance of one new option for every two new shares subscribed, which is aimed at strengthening the company’s financial position and supporting its ongoing operations.
More about AdAlta Ltd.
YTD Price Performance: -37.50%
Average Trading Volume: 653,493
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.86M
For detailed information about 1AD stock, go to TipRanks’ Stock Analysis page.