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Algorae Pharmaceuticals Announces Proposed Securities Issue

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Algorae Pharmaceuticals Announces Proposed Securities Issue

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An announcement from Living Cell Technologies ( (AU:1AI) ) is now available.

Algorae Pharmaceuticals Limited has announced a proposed issue of securities, specifically 30,000,000 options set to expire on December 1, 2029. This move is part of a placement or other type of issue, with the proposed issue date being December 22, 2025. The announcement indicates that the company is taking steps to potentially enhance its financial standing and market presence through this securities issuance.

More about Living Cell Technologies

Average Trading Volume: 2,838,828

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$15.2M

Find detailed analytics on 1AI stock on TipRanks’ Stock Analysis page.

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