Memphasys Ltd (AU:MEM) has released an update.
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Memphasys Limited (ASX: MEM) has requested an immediate trading halt in anticipation of an upcoming announcement regarding a proposed capital raising. The halt is intended to maintain an orderly market until the announcement, which is expected to be made before trading begins on Wednesday, 11 September 2024. The company has followed proper procedures and received board approval for this action.
For further insights into AU:MEM stock, check out TipRanks’ Stock Analysis page.