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Algorae Pharmaceuticals Announces Proposed Securities Issue

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Algorae Pharmaceuticals Announces Proposed Securities Issue

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Living Cell Technologies ( (AU:1AI) ) has provided an announcement.

Algorae Pharmaceuticals Limited has announced a proposed issue of securities, specifically options expiring on December 1, 2029. This non-renounceable pro rata issue is set to offer a maximum of 337,678,946 securities, with key dates including an ex-date of November 26, 2025, a record date of November 27, 2025, and an issue date of December 22, 2025. The announcement signifies a strategic move by Algorae Pharmaceuticals to potentially raise capital, which could impact its market positioning and provide stakeholders with investment opportunities.

More about Living Cell Technologies

Average Trading Volume: 2,838,828

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$15.2M

For an in-depth examination of 1AI stock, go to TipRanks’ Overview page.

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