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Avenira Issues 60 Million Unlisted Options to Support Capital Structure

Story Highlights
  • Avenira Limited has issued 60 million new unlisted options to stakeholders.
  • The options, exercisable at $0.02 and $0.03 and expiring in 2028, aim to support Avenira’s capital structure.
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Avenira Issues 60 Million Unlisted Options to Support Capital Structure

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Avenira Limited ( (AU:AEV) ) just unveiled an update.

Avenira Limited has notified the ASX of the issue of new unquoted equity securities in the form of options, though the announcement does not specify the company’s industry or operating activities.
The company is issuing a total of 60 million unlisted options, split evenly between options exercisable at $0.02 and $0.03 and expiring on 22 December 2028, as part of a previously announced transaction, signalling a move to incentivise stakeholders and potentially strengthen its capital structure without immediate share dilution on the main market.

More about Avenira Limited

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$34.07M

See more data about AEV stock on TipRanks’ Stock Analysis page.

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