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Alterity Therapeutics Initiates Trading Halt for Capital Raising Announcement

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Alterity Therapeutics Initiates Trading Halt for Capital Raising Announcement

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Alterity Therapeutics Ltd. ( (AU:ATH) ) has shared an update.

Alterity Therapeutics Ltd has requested a trading halt for its securities on the ASX, pending an announcement concerning a capital raising initiative. This move, effective immediately, indicates that the company is preparing to make a significant financial announcement that could impact its market operations and potentially influence stakeholder interests. The halt is expected to last until the announcement is made or until normal trading resumes on February 10, 2025.

More about Alterity Therapeutics Ltd.

Alterity Therapeutics Ltd is a biotechnology company that focuses on developing therapeutic solutions for neurodegenerative diseases. The company is listed on both the Australian Securities Exchange (ASX: ATH) and the NASDAQ (ATHE).

YTD Price Performance: 0%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $44.64M

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

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