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Eden Innovations Issues 3.6 Million Unquoted Options

Story Highlights
  • Eden Innovations has issued 3,571,428 unquoted options exercisable at A$0.07, expiring in September 2027.
  • These options arise from previously announced transactions and could provide future capital with minimal near-term dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eden Innovations Issues 3.6 Million Unquoted Options

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An update from Eden Innovations ( (AU:EDE) ) is now available.

Eden Innovations has notified the market that it has issued 3,571,428 unquoted options, each exercisable at A$0.07 and expiring on 8 September 2027. The options, which form part of previously announced transactions and are not intended to be quoted on the ASX, modestly expand the company’s pool of equity-linked securities and may provide additional future capital if exercised, with limited immediate impact on existing shareholders given their unquoted status.

The most recent analyst rating on (AU:EDE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Eden Innovations stock, see the AU:EDE Stock Forecast page.

More about Eden Innovations

YTD Price Performance: 50.0%

Average Trading Volume: 1,049,816

Technical Sentiment Signal: Sell

Current Market Cap: A$19.94M

For a thorough assessment of EDE stock, go to TipRanks’ Stock Analysis page.

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