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Imugene ( (AU:IMU) ) has provided an update.
Imugene Limited is offering up to 68,236,857 new shares to placement subscribers and 45,454,545 new shares to eligible shareholders under a Share Purchase Plan, both at an issue price of $0.33 per share, aiming to raise a total of approximately $37.5 million. The offer includes attaching options and piggyback options, providing potential future investment opportunities, which may impact the company’s financial strategy and shareholder value.
The most recent analyst rating on (AU:IMU) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on Imugene stock, see the AU:IMU Stock Forecast page.
More about Imugene
Average Trading Volume: 558,515
Technical Sentiment Signal: Sell
Current Market Cap: A$93.35M
For a thorough assessment of IMU stock, go to TipRanks’ Stock Analysis page.