Morella Corporation ( (AU:1MC) ) has shared an announcement.
Morella Corporation Limited has announced an Extraordinary General Meeting scheduled for May 2, 2025, at the offices of PWC in Brisbane. The meeting will address several resolutions, including the ratification of the issue of Tranche 1 Placement Shares and the approval of Tranche 2 Placement Shares to related parties. These resolutions are part of the company’s strategic financial maneuvers to enhance its capital structure, potentially impacting its market positioning and stakeholder interests.
More about Morella Corporation
YTD Price Performance: 58.33%
Average Trading Volume: 16,588
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.95M
Learn more about 1MC stock on TipRanks’ Stock Analysis page.