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Manhattan Corporation Issues 4 Million Shares for Strategic Initiatives

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Manhattan Corporation Issues 4 Million Shares for Strategic Initiatives

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Manhattan Corporation ( (AU:MHC) ) has provided an announcement.

Manhattan Corporation Limited, listed on the ASX, has issued 4,000,000 fully paid ordinary shares without disclosure to investors, in accordance with the Corporations Act 2001. This issuance includes 3,000,000 shares to Shaw and Partners for their role as Lead Manager and Bookrunner for a previous placement, and 1,000,000 shares to Aktiencheck.de AG for a European advertising and investor awareness campaign. The company confirms compliance with relevant provisions of the Corporations Act and ASX Listing Rules, ensuring transparency and adherence to regulatory standards.

More about Manhattan Corporation

Average Trading Volume: 1,519,776

Technical Sentiment Signal: Sell

Current Market Cap: A$13.93M

Learn more about MHC stock on TipRanks’ Stock Analysis page.

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