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Microba Life Sciences Limited ( (AU:MAP) ) just unveiled an update.
Microba Life Sciences Limited has announced a Securities Purchase Plan (SPP) offering eligible shareholders the opportunity to subscribe for new shares and options. The SPP aims to raise up to $2 million and is fully underwritten by Morgans Corporate Limited and Canaccord Genuity (Australia) Limited. The issuance of new shares and options is contingent upon shareholder approval at a general meeting scheduled for August 8, 2025. This move is part of Microba’s strategy to strengthen its financial position and expand its market presence.
The most recent analyst rating on (AU:MAP) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Microba Life Sciences Limited stock, see the AU:MAP Stock Forecast page.
More about Microba Life Sciences Limited
Average Trading Volume: 202,977
Technical Sentiment Signal: Sell
Current Market Cap: A$38.52M
See more data about MAP stock on TipRanks’ Stock Analysis page.