Altech Batteries Ltd Expands Capital With New Issue
Company Announcements

Altech Batteries Ltd Expands Capital With New Issue

Altech Chemicals Limited (AU:ATC) has released an update.

Altech Batteries Ltd has announced a new securities issue, planning to offer over 106 million options and 213 million ordinary shares to be available by September 3, 2024. The options, priced at $0.06, have an expiry date of December 31, 2025. This move is intended to expand the financial base of the company, with the offer opening and closing dates set for August 2024.

For further insights into AU:ATC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAltech Batteries Trading Halt Ahead of Capital Raising
TipRanks Australian Auto-Generated NewsdeskAltech Batteries’ Shares Surge Amidst Research Report Release
TipRanks Australian Auto-Generated NewsdeskAltech Batteries Schedules Virtual AGM for November
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App