tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Alterity Therapeutics Announces Major Securities Issue

Story Highlights
Alterity Therapeutics Announces Major Securities Issue

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Alterity Therapeutics ( (AU:ATH) ) has issued an announcement.

Alterity Therapeutics Limited announced a proposed issue of 1,666,666,663 ordinary fully paid securities, with the issue date set for September 15, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s financial standing and market position by increasing its capital base, which may support ongoing research and development efforts.

More about Alterity Therapeutics

Alterity Therapeutics Limited operates in the biotechnology industry, focusing on the development of therapeutic products for neurodegenerative diseases. The company is primarily involved in creating treatments for conditions like Alzheimer’s and Parkinson’s disease, aiming to address unmet medical needs in these areas.

YTD Price Performance: 30.0%

Average Trading Volume: 13,758,518

Technical Sentiment Signal: Sell

Current Market Cap: A$119.7M

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

Disclaimer & DisclosureReport an Issue

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
1