Imagion Biosystems Offers Shares, Cautions Investors

Imagion Biosystems Ltd. (AU:IBX) has released an update.

Imagion Biosystems Ltd. has released a prospectus for a minor offering of up to 1,000 shares at $0.033 each to raise $33 before expenses, aimed at removing trading restrictions on previously issued shares. The prospectus emphasizes that the shares are highly speculative and advises potential investors to seek professional advice. It also mentions that as a ‘disclosing entity’, the company meets regular reporting and disclosure obligations.

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