ASL Marine Expands Shares Following Warrant Exercises

ASL Marine Holdings Ltd. (SG:A04) has released an update.

ASL Marine Holdings Ltd. has announced an increase in its issued ordinary shares to 845,230,801, following the issuance of 33,792,760 new shares at S$0.06 each due to warrant exercises on June 19, 2024. These shares are expected to be listed on the SGX-ST and commence trading from June 21, 2024. The exercise of these warrants leaves 353,678,453 warrants remaining, with an expiration date of July 23, 2024.

For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.