tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Memphasys Issues Over 13 Million New Shares in Director Placement and Fee Conversion

Story Highlights
  • Memphasys issued 13.25 million new shares, mainly to directors, at $0.003 each.
  • The company used cleansing provisions, confirming compliance and enabling secondary trading of the shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Memphasys Issues Over 13 Million New Shares in Director Placement and Fee Conversion

Claim 70% Off TipRanks Premium

Memphasys Ltd ( (AU:MEM) ) has provided an update.

Memphasys has issued 13,253,620 fully paid ordinary shares on 19 December 2025, primarily related to director participation in a Tranche 2 placement and the conversion of directors’ fees into equity at an issue price or deemed issue price of $0.003 per share. The company confirmed that these shares were issued without a prospectus under the Corporations Act’s cleansing provisions, stated it remains compliant with its continuous disclosure and financial reporting obligations, and noted there is no excluded information, effectively clearing the way for secondary trading of the new shares and reinforcing governance transparency for investors.

The most recent analyst rating on (AU:MEM) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Memphasys Ltd stock, see the AU:MEM Stock Forecast page.

More about Memphasys Ltd

Memphasys Limited (ASX: MEM) is an Australian-based reproductive biotechnology company commercialising the Felix System, a patented bio-separation technology used to isolate the most viable sperm cells for human assisted reproduction and IVF. The system combines electrophoresis and size-exclusion membranes to provide a fast, gentle and standardised sperm selection process that aims to improve sperm quality, reduce laboratory time and replace traditional centrifugation methods, with a commercial strategy focused on contracted sales via direct and distribution channels and scaling production to establish Felix as a global standard in sperm preparation.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$13.07M

See more data about MEM stock on 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