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BrainChip Proposes Over 15 Million New Shares

BrainChip Proposes Over 15 Million New Shares

BrainChip Holdings (AU:BRN) has released an update.

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BrainChip Holdings Ltd has announced a new proposal to issue over 15 million ordinary fully paid securities under a securities purchase plan. Interested investors should note the record date is set for July 24, 2024, with the offer closing on August 15, 2024, and the issue date on August 22, 2024. This move is aimed at allowing shareholders to increase their investment in the company under the outlined terms.

For further insights into AU:BRN stock, check out TipRanks’ Stock Analysis page.

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