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I Synergy Group Ltd. Announces Entitlement Issue to Raise $1 Million

Story Highlights
  • I Synergy Group Ltd. announces a pro-rata entitlement issue to raise $1,001,460.
  • The offer is underwritten by VGI Vmall Limited and is not extended to certain overseas shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
I Synergy Group Ltd. Announces Entitlement Issue to Raise $1 Million

Elevate Your Investing Strategy:

I Synergy Group Ltd. ( (AU:IS3) ) just unveiled an announcement.

I Synergy Group Ltd. has announced a pro-rata renounceable entitlement issue, offering two new shares for every existing share at a price of $0.001 per share, aiming to raise up to $1,001,460. The offer is fully underwritten by VGI Vmall Limited, and the shares are considered highly speculative, with the offer not being extended to shareholders outside of Australia, New Zealand, China, Singapore, or Malaysia.

More about I Synergy Group Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.5M

Learn more about IS3 stock on TipRanks’ Stock Analysis page.

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