tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lumos Diagnostics Issues New Shares Following Employee Option Exercise

Story Highlights
Lumos Diagnostics Issues New Shares Following Employee Option Exercise

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.

The latest announcement is out from Lumos Diagnostics Holdings Ltd. ( (AU:LDX) ).

Lumos Diagnostics Holdings Ltd has issued 140,527 fully paid ordinary shares following the exercise of unquoted options by its employees. This issuance was conducted without disclosure to investors under the Corporations Act, and the company confirms compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.

More about Lumos Diagnostics Holdings Ltd.

Lumos Diagnostics specialises in rapid, cost-effective, and complete point-of-care (POC) diagnostic test technology to help healthcare professionals more accurately diagnose and manage medical conditions. Lumos offers customised assay development and manufacturing services for POC tests and proprietary digital reader platforms. Lumos also directly develops, manufactures, and commercialises novel Lumos-branded POC tests that target infectious and inflammatory diseases.

Average Trading Volume: 6,662,202

Technical Sentiment Signal: Buy

Current Market Cap: A$102.7M

For a thorough assessment of LDX stock, go to 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