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Fortifai Ltd Announces Proposed Securities Issue

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Fortifai Ltd Announces Proposed Securities Issue

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The latest update is out from Mighty Kingdom Ltd ( (AU:FTI) ).

Fortifai Ltd has announced a proposed issue of securities, specifically options expiring on August 29, 2028, with an exercise price of $0.15, totaling 11,500,000 securities. This move is part of a placement or other type of issue, with the proposed issue date set for August 29, 2025. The announcement indicates Fortifai Ltd’s strategic effort to raise capital, potentially impacting its market positioning and providing new opportunities for stakeholders.

More about Mighty Kingdom Ltd

Average Trading Volume: 297,366

Technical Sentiment Signal: Sell

Current Market Cap: A$17.6M

See more insights into FTI stock on TipRanks’ Stock Analysis page.

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