KNeoMedia Limited (AU:KNM) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
KneoMedia Limited announced a non-renounceable entitlement offer to raise approximately $1.66 million by issuing new shares at $0.002 each, available only to eligible shareholders in Australia and New Zealand. The offer includes additional free shares for every three entitlement shares subscribed. This move is aimed at bolstering the company’s finances while adhering to regulatory requirements.
For further insights into AU:KNM stock, check out TipRanks’ Stock Analysis page.