Forbidden Foods Plans New Securities Issue

Forbidden Foods Ltd (AU:FFF) has released an update.

Forbidden Foods Limited has announced a new proposed issue of securities, planning to issue over 53 million unlisted options and 54 million ordinary fully paid securities. The options have an exercise price of $0.015 and will expire three years from the allotment date, with the proposed issue date set for August 22, 2024. This move is geared towards financing and expanding the company’s market presence.

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