tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Chimeric Therapeutics Issues New Equity Securities to Support Growth

Story Highlights
Chimeric Therapeutics Issues New Equity Securities to Support Growth

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.

Chimeric Therapeutics Ltd. ( (AU:CHM) ) has issued an announcement.

Chimeric Therapeutics Ltd. has announced the issuance of new unquoted equity securities, including 387,577,500 options expiring in March 2026 and 25,000,000 options expiring in October 2028. This move is part of a previously announced transaction, reflecting the company’s strategic efforts to bolster its financial position and support its ongoing research and development initiatives.

More about Chimeric Therapeutics Ltd.

Chimeric Therapeutics Ltd. operates in the biotechnology industry, focusing on the development of cell therapies for cancer treatment. The company is engaged in advancing innovative therapies that harness the immune system to target and destroy cancer cells.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.02M

For an in-depth examination of CHM 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