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Anatara Lifesciences Ltd ( (AU:ANR) ) has provided an announcement.
Anatara Lifesciences Ltd has secured firm commitments to raise $1.2 million through a two-tranche placement of 100 million shares at a discounted price of $0.012 per share. The funds will be used to advance the company’s Anti-Obesity project, conduct due diligence on other opportunities, and cover general working capital and placement costs. The placement reflects strong institutional support and positions Anatara to accelerate its project evaluations and asset opportunities, aiming to return value to shareholders.
More about Anatara Lifesciences Ltd
Anatara Lifesciences Ltd is a company focused on developing and commercializing innovative, evidence-based health products, particularly targeting unmet needs in human health. The company is dedicated to building a pipeline of products addressing the complexities of the gastrointestinal tract, aiming to deliver real outcomes for patients and value for shareholders.
Average Trading Volume: 8,569,801
Technical Sentiment Signal: Sell
Current Market Cap: A$3.42M
Learn more about ANR stock on TipRanks’ Stock Analysis page.