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Living Cell Technologies ( (AU:1AI) ) has shared an update.
Algorae Pharmaceuticals Limited is conducting a non-renounceable pro-rata entitlement offer for up to 337,678,946 Loyalty Options at $0.001 each, available to eligible shareholders on a 1-for-5 basis. This offer, which includes a Shortfall Offer and a Lead Manager Offer, aims to issue new options that can be converted into shares, enhancing shareholder value and potentially impacting market positioning.
More about Living Cell Technologies
Average Trading Volume: 2,838,828
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15.2M
Learn more about 1AI stock on TipRanks’ Stock Analysis page.