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Entropy Neurodynamics Issues 2 Million Unquoted Options Expiring in 2027

Story Highlights
  • Entropy Neurodynamics is issuing 2 million unquoted options at an exercise price of A$0.08.
  • These non-quoted options, expiring in December 2027, expand ENP’s unquoted equity and potential funding flexibility.
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Entropy Neurodynamics Issues 2 Million Unquoted Options Expiring in 2027

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Tryptamine Therapeutics ( (AU:ENP) ) just unveiled an update.

Entropy Neurodynamics Limited has notified the market of the issue of 2 million unquoted options, each exercisable at A$0.08 and expiring on 19 December 2027. The options, which form part of a previously announced transaction and will not be quoted on the ASX, modestly expand the company’s pool of unquoted equity and may provide additional incentive or funding flexibility for the business without immediately diluting existing shareholders in the traded ordinary shares.

More about Tryptamine Therapeutics

Entropy Neurodynamics Limited (ASX: ENP) is an Australia-listed company operating in the neurotechnology/biotechnology sector. While this notice provides limited operational detail, the company’s activities are centred on developing neurological solutions, and its securities are traded on the Australian Securities Exchange under the code ENP.

Average Trading Volume: 2,536,966

Technical Sentiment Signal: Sell

Current Market Cap: A$53.11M

See more data about ENP stock on TipRanks’ Stock Analysis page.

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