Atomos Ltd. (AU:AMS) has released an update.
Atomos Ltd. is launching a 1 for 1 non-renounceable pro-rata entitlement offer to raise A$8 million, with shares priced at A$0.02 each, and a bonus option for every two shares subscribed, exercisable at A$0.03 until November 2025. Eligible shareholders have the opportunity to apply for additional shares beyond their entitlement, subject to availability and potential scale-back. The offer closes on 13 May 2024, with several actions available to shareholders, including full acceptance, partial acceptance, or application for extra securities.
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