tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Botanix Pharmaceuticals Issues Unquoted Equity Securities for Employee Incentives

Story Highlights
Botanix Pharmaceuticals Issues Unquoted Equity Securities for Employee Incentives

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Botanix Pharmaceuticals Limited ( (AU:BOT) ).

Botanix Pharmaceuticals Limited has announced the issuance of unquoted equity securities, specifically options exercisable at different prices and expiring in 2026 and 2028. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, which may impact the company’s financial strategies and employee engagement initiatives.

The most recent analyst rating on (AU:BOT) stock is a Buy with a A$0.27 price target. To see the full list of analyst forecasts on Botanix Pharmaceuticals Limited stock, see the AU:BOT Stock Forecast page.

More about Botanix Pharmaceuticals Limited

Botanix Pharmaceuticals Limited operates in the pharmaceutical industry, focusing on the development of dermatology and antimicrobial products. The company is engaged in advancing innovative therapies for skin diseases and infections, aiming to address unmet medical needs in these areas.

Average Trading Volume: 15,435,985

Technical Sentiment Signal: Sell

Current Market Cap: A$294.2M

For an in-depth examination of BOT stock, go to TipRanks’ Overview 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