tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aurora Labs Expands Share Capital Through Option Conversion

Story Highlights
  • Aurora Labs converted 14.68 million options into fully paid ordinary shares without a formal disclosure offering.
  • The company affirmed full compliance with reporting and disclosure rules and reported no excluded information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aurora Labs Expands Share Capital Through Option Conversion

Claim 70% Off TipRanks This Holiday Season

Aurora Labs ( (AU:A3D) ) has shared an announcement.

Aurora Labs has issued 14,681,487 fully paid ordinary shares following the conversion of an equivalent number of options exercisable at $0.045 and expiring on 22 December 2025, expanding its share capital without undertaking a formal disclosure offering. The company confirmed it has complied with its financial reporting and continuous disclosure obligations under the Corporations Act and stated there is no excluded information, signalling regulatory compliance and transparency as it adjusts its capital structure, a move of interest to existing shareholders and potential investors monitoring dilution and funding pathways.

The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.

More about Aurora Labs

Aurora Labs Limited (ASX: A3D) is an Australian company based in Canning Vale, Western Australia, operating in the advanced manufacturing and 3D printing technology sector, with a focus on developing and commercialising metal additive manufacturing solutions.

Average Trading Volume: 741,084

Technical Sentiment Signal: Sell

Current Market Cap: A$23.91M

See more insights into A3D stock on 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
1