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Biotron ( (AU:BIT) ) has issued an update.
Biotron Limited has announced a proposed issue of securities, comprising 166,666,666 options and 333,333,333 fully paid ordinary shares, with a planned issue date of November 24, 2025. This strategic move is likely aimed at raising capital to support the company’s ongoing research and development efforts, potentially enhancing its market position and providing value to stakeholders by advancing its antiviral therapeutics pipeline.
More about Biotron
Biotron Limited operates in the biotechnology industry, focusing on the development of novel antiviral therapeutics. The company’s primary products include treatments targeting viral infections, with a market focus on addressing unmet medical needs in the antiviral sector.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.65M
Find detailed analytics on BIT stock on TipRanks’ Stock Analysis page.