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Eden Innovations ( (AU:EDE) ) has issued an announcement.
Eden Innovations Ltd has lodged details of a proposed capital raising with the ASX, outlining plans to issue up to 2.2 million convertible notes and 20 million options exercisable at A$0.07 and expiring on 8 September 2027. The proposed placement, scheduled for issue on 13 January 2026, is expected to strengthen the company’s funding position and provide additional financial flexibility, with potential dilution for existing shareholders but also offering scope to support future growth initiatives and operational needs.
The most recent analyst rating on (AU:EDE) stock is a Hold with a A$0.05 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
Eden Innovations Ltd is an Australian-listed company (ASX: EDE) operating in the innovation and technology space, focused on developing and commercialising new products and solutions, with its securities traded on the Australian Securities Exchange.
YTD Price Performance: 32.00%
Average Trading Volume: 1,252,467
Technical Sentiment Signal: Sell
Current Market Cap: A$36.34M
See more insights into EDE stock on TipRanks’ Stock Analysis page.