tiprankstipranks
K-TIG Limited Announces New Securities Issuance
Company Announcements

K-TIG Limited Announces New Securities Issuance

Story Highlights

Invest with Confidence:

K-TIG Ltd ( (AU:KTG) ) just unveiled an update.

K-TIG Limited, a company listed on the Australian Securities Exchange (ASX) under the code KTG, has announced a new non-pro rata offer of securities. This offer includes a maximum issuance of 50,000,000 ordinary fully paid securities, with the acceptance closing date set for February 13, 2025, and the proposed issue date on February 20, 2025. The securities will be offered under a disclosure document or product disclosure statement (PDS), and K-TIG intends to apply for their quotation on the ASX. This move is likely to impact the company’s capital structure and may influence its market positioning by potentially increasing its financial resources.

More about K-TIG Ltd

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$26.54M

For detailed information about KTG stock, go to TipRanks’ Stock Analysis page.

Related Articles
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