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Manhattan Corporation ( (AU:MHC) ) has provided an announcement.
Manhattan Corporation Limited has announced a proposed issue of securities, including 2,000,000 unlisted options exercisable at $0.04 and expiring three years from the date of issue, as well as 11,000,000 ordinary fully paid shares. The proposed issue date is set for July 31, 2025. This move is part of a placement or other type of issue, and the company is seeking to have these securities quoted on the ASX. This announcement could potentially impact the company’s market positioning by increasing its capital base, which may influence its operations and stakeholder interests.
More about Manhattan Corporation
Average Trading Volume: 1,427,657
Technical Sentiment Signal: Sell
Current Market Cap: A$5.4M
See more insights into MHC stock on TipRanks’ Stock Analysis page.