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Eden Innovations ( (AU:EDE) ) has issued an announcement.
Eden Innovations Ltd has announced the dispatch of its entitlement offer prospectus, which outlines a one-for-two pro rata non-renounceable entitlement offer to raise approximately $5.75 million. The offer includes fully paid ordinary shares at $0.035 each, with an additional unlisted option for every two new shares. This financial move is aimed at bolstering the company’s capital, potentially impacting its market positioning and providing existing shareholders with an opportunity to increase their investment.
More about Eden Innovations
Eden Innovations Ltd is a company operating in the technology and innovation sector, primarily focusing on developing and commercializing innovative products. The company’s market focus includes providing solutions that enhance efficiency and sustainability.
YTD Price Performance: 46.43%
Average Trading Volume: 499,855
Technical Sentiment Signal: Sell
Current Market Cap: A$13.49M
For an in-depth examination of EDE stock, go to TipRanks’ Overview page.