Gratifii Ltd (AU:GTI) has released an update.
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Gratifii Limited is set to bolster its financial position by launching a $5.5 million entitlement offer, allowing eligible shareholders to purchase new shares at $0.004 each. The offer is partially underwritten and includes a pro-rata entitlement where shareholders can acquire 1 new share for every 1.28 shares already owned. The company advises shareholders that this investment is speculative and urges them to read the prospectus carefully or seek professional advice.
For further insights into AU:GTI stock, check out TipRanks’ Stock Analysis page.