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The latest announcement is out from SkyFii Limited ( (AU:BEO) ).
Beonic Ltd, under the ASX issuer code BEO, has announced an update regarding its proposed issue of securities. The company plans to issue 4,270,000 Convertible Notes and 8,895,828 Attaching Options, with a portion being issued under existing capacity. This issuance could result in a maximum of 17,791,660 shares from the conversion of the Convertible Notes and 8,895,828 shares from the exercise of the Attaching Options. This move is part of a strategic financial maneuver to enhance the company’s capital structure.
More about SkyFii Limited
Average Trading Volume: 33,744
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.97M
See more data about BEO stock on TipRanks’ Stock Analysis page.