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Delorean Raises Capital With 24.4 Million-Share Placement

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Delorean Raises Capital With 24.4 Million-Share Placement

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Delorean Corporation Ltd ( (AU:DEL) ) has provided an announcement.

Delorean Corporation has issued 24.4 million fully paid ordinary shares at $0.09 each via a placement to investors, expanding its capital base without providing a traditional disclosure document. The company states it is fully compliant with its financial reporting and continuous disclosure obligations and confirms there is no excluded information that investors would reasonably require to assess the new shares or the company’s financial position.

More about Delorean Corporation Ltd

Delorean Corporation Ltd is an Australian company listed on the ASX under the ticker DEL. The company issues fully paid ordinary shares and operates under the Australian Corporations Act’s continuous disclosure and financial reporting requirements, indicating participation in regulated capital markets to support its corporate and funding activities.

Average Trading Volume: 143,078

Technical Sentiment Signal: Sell

Current Market Cap: A$23.13M

See more data about DEL stock on TipRanks’ Stock Analysis page.

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