Kits Eyecare (TSE:KITS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kits Eyecare Ltd., a prominent digital eyecare provider, has completed the filing for a secondary offering of common shares at $10.15 each, aiming to raise over $11 million for the selling shareholders, without generating proceeds for the company itself. An over-allotment option could potentially raise an additional $1.7 million if fully exercised. The offering is expected to close by September 26, 2024, subject to standard closing conditions.
For further insights into TSE:KITS stock, check out TipRanks’ Stock Analysis page.