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The latest update is out from Adherium Ltd. ( (AU:ADR) ).
Adherium Ltd. has announced an accelerated non-renounceable entitlement offer to raise approximately A$4.492 million. This offer allows eligible shareholders to purchase new shares and options, with the potential for additional bonus options if exercised by November 2025. The offer is partially underwritten and aims to enhance the company’s capital structure. The increased subscription amount reflects strong support from stakeholders, indicating potential positive impacts on Adherium’s market positioning and operational capabilities.
More about Adherium Ltd.
Average Trading Volume: 99,294
Technical Sentiment Signal: Sell
Current Market Cap: A$5.39M
See more data about ADR stock on TipRanks’ Stock Analysis page.