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Alterity Therapeutics Expands Capital with New Securities Quotation

Story Highlights
  • Alterity Therapeutics focuses on developing therapies for neurodegenerative diseases.
  • The company announced a quotation of over 1 billion new securities to expand its capital structure.
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Alterity Therapeutics Expands Capital with New Securities Quotation

Alterity Therapeutics ( (ATHE) ) has issued an update.

On February 17, 2025, Alterity Therapeutics Limited announced a new application for the quotation of 1,165,841,830 ordinary fully paid securities as part of a transaction previously communicated to the market. This move, part of a larger placement requiring shareholder approval, suggests an expansion in the company’s capital structure, potentially impacting its market positioning and stakeholder interests.

More about Alterity Therapeutics

Alterity Therapeutics Limited is a development stage enterprise in the biopharmaceutical industry, focusing on the development of therapies for neurodegenerative diseases.

YTD Price Performance: 18.50%

Average Trading Volume: 531,051

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $42.22M

Find detailed analytics on ATHE stock on TipRanks’ Stock Analysis page.

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