tiprankstipranks
Advertisement
Advertisement

Imugene Seeks ASX Quotation for 31.2 Million New Shares

Story Highlights
Imugene Seeks ASX Quotation for 31.2 Million New Shares

Claim 55% Off TipRanks

The latest announcement is out from Imugene ( (AU:IMU) ).

Imugene Limited has applied for quotation on the ASX of 31,220,668 new ordinary fully paid shares, with an issue date of 30 April 2026, under its existing ticker IMU. The newly issued securities form part of a previously announced transaction, indicating an expansion of the company’s share capital that may support ongoing corporate or development activities and modestly dilute existing shareholders while potentially strengthening its funding base.

The most recent analyst rating on (AU:IMU) stock is a Buy with a A$0.82 price target. To see the full list of analyst forecasts on Imugene stock, see the AU:IMU Stock Forecast page.

More about Imugene

Imugene Limited is an Australian biotechnology company listed on the ASX under the code IMU. The company operates in the life sciences sector, focusing on the development of immunotherapy-based treatments, and raises capital through the issuance and quotation of ordinary fully paid shares on the Australian market.

Average Trading Volume: 1,591,716

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$48.37M

See more data about IMU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1