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Cannvalate Boosts Stake in InhaleRx Limited

Cannvalate Boosts Stake in InhaleRx Limited

InhaleRx Limited (AU:IRX) has released an update.

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Cannvalate Pty Ltd has increased its stake in InhaleRx Limited, boosting its voting power from 18.98% to 22.89% through a combination of convertible loan conversions and on-market purchases. The change reflects a strategic move by Cannvalate to strengthen its influence within the company. This development may attract attention from investors interested in the evolving dynamics of InhaleRx’s shareholder base.

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

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