Memphasys Ltd (AU:MEM) has released an update.
Memphasys Ltd has announced a new issue of securities, which includes the proposal to issue up to 125 million unlisted options and an equal number of ordinary fully paid shares. The record date for the issue is set for September 11, 2024, with an offer closing date of October 22, 2024, and an expected issue date of October 25, 2024. This move aims to engage investors with an opportunity to participate in the company’s growth through a securities purchase plan.
For further insights into AU:MEM stock, check out TipRanks’ Stock Analysis page.
