tiprankstipranks
GreenHy2 Limited Announces Entitlement Offer
Company Announcements

GreenHy2 Limited Announces Entitlement Offer

Tempo Australia Ltd (AU:H2G) has released an update.

Don't Miss our Black Friday Offers:

GreenHy2 Limited has announced an entitlement offer of new shares for eligible shareholders, priced at $0.006 each, to be issued without further disclosure under Australian law. This capital raising follows the company’s successful grant application for $1.5 million from the Australian Government, matched by Telstra, for a renewable energy project. The offer is partially underwritten, and while it may dilute non-participating shareholders’ stakes, it’s not expected to significantly alter company control.

For further insights into AU:H2G stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App