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Chimeric Therapeutics to Issue 11 Million New Securities

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Chimeric Therapeutics to Issue 11 Million New Securities

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The latest update is out from Chimeric Therapeutics Ltd. ( (AU:CHM) ).

Chimeric Therapeutics Limited announced a proposed issuance of 11 million ordinary fully paid securities, with the issue date set for October 23, 2025. This strategic move is expected to bolster the company’s financial position, potentially enhancing its capabilities in advancing its CAR-T therapy pipeline and strengthening its market presence in the biotechnology sector.

More about Chimeric Therapeutics Ltd.

Chimeric Therapeutics Limited operates in the biotechnology industry, focusing on the development of innovative cell therapies for cancer treatment. The company is dedicated to advancing its pipeline of chimeric antigen receptor T cell (CAR-T) therapies, aiming to address unmet medical needs in oncology.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.75M

For detailed information about CHM stock, go to TipRanks’ Stock Analysis page.

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