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The latest announcement is out from Morella Corporation ( (AU:1MC) ).
Morella Corporation Limited has issued 1,500,000 fully paid ordinary shares to Canaccord Genuity in lieu of cash payments for services as Lead Manager and Bookrunner for a previous capital raising. This strategic move aligns with Morella’s ongoing compliance with financial regulations and enhances its operational capabilities without requiring additional cash outflows.
More about Morella Corporation
Morella Corporation Limited operates in the financial services industry, focusing on capital raising and investment management services.
YTD Price Performance: -37.93%
Average Trading Volume: 120,196
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.53M
See more insights into 1MC stock on TipRanks’ Stock Analysis page.