tiprankstipranks
Trending News
More News >

Althea Group Issues 25 Million Unquoted Options

Story Highlights

Althea Group Holdings Ltd. ( (AU:AGH) ) has issued an update.

Althea Group Holdings Ltd. has announced the issuance of 25 million unquoted options to subscribe for ordinary class shares, with an exercise price of $0.04 and an expiration date of February 28, 2027. This move is part of a previously announced transaction and is expected to enhance the company’s financial flexibility and strategic positioning in the medicinal cannabis market.

More about Althea Group Holdings Ltd.

Althea Group Holdings Ltd. operates in the pharmaceutical industry, focusing on the development and distribution of medicinal cannabis products. The company is committed to providing high-quality, innovative solutions to meet the needs of patients and healthcare providers.

YTD Price Performance: -26.67%

Average Trading Volume: 836,938

Technical Sentiment Signal: Buy

Current Market Cap: A$11.48M

For a thorough assessment of AGH stock, go to TipRanks’ Stock Analysis 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