Cogstate Ltd (AU:CGS) has released an update.
Cogstate Ltd has announced the cessation of over 1.2 million options due to failure to meet conditional terms, effective September 16, 2024. The options, which were set to expire in August 2026, included over a million at an exercise price of $2.51 and around a quarter million at $1.00. This corporate update could influence the company’s stock as conditions for option rights were not satisfied.
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