Elixinol Wellness Ltd (AU:EXL) has released an update.
Elixinol Wellness Ltd successfully completed its Share Purchase Plan, raising approximately $420,000 to support the acquisition of assets from The Healthy Chef Pty Ltd and related companies. The issuance of around 93 million new shares, along with free attaching options, marks a significant step in the company’s expansion strategy. The new shares will be issued following shareholder approval at the upcoming Extraordinary General Meeting.
For further insights into AU:EXL stock, check out TipRanks’ Stock Analysis page.
