Eden Innovations Ltd (AU:EDE) has released an update.
Eden Innovations Ltd has announced a significant new securities issue, with the intention to issue up to 919,567,779 options expiring in September 2026 and a further 1,839,135,558 ordinary shares. The key dates for this financial move include an ex-date of June 20, 2024, a record date of June 21, 2024, with the offer closing on July 19, 2024, and the issue date set for July 26, 2024. This strategic issuance aims to bolster the company’s capital structure and provide investors with a new opportunity to invest in Eden Innovations’ future.
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