Gratifii Ltd (AU:GTI) has released an update.
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Gratifii Limited is set to expand its capital through a $5.5 million funding initiative, offering new shares to current shareholders in a non-renounceable entitlement offer. Eligible shareholders have the opportunity to purchase 1 new share for every 1.28 shares they hold at a price of $0.004 per share, with additional shares available through a shortfall facility. The prospectus emphasizes the speculative nature of this investment and advises shareholders to seek professional advice.
For further insights into AU:GTI stock, check out TipRanks’ Stock Analysis page.