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Income Asset Management Hits Pause for Capital Raise
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Income Asset Management Hits Pause for Capital Raise

Income Asset Management Group Limited (AU:IAM) has released an update.

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Shares of Income Asset Management Group Limited (IAM) have been temporarily halted on the ASX at the company’s request, in anticipation of an upcoming announcement related to a capital raising initiative. The halt will lift either upon the market announcement of the capital raising completion or at the start of trading on October 14, 2024. This strategic move is expected to maintain market order and fairness while the company prepares to share significant financial news.

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

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