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The latest announcement is out from Nutritional Growth Solutions Ltd. ( (AU:NGS) ).
Nutritional Growth Solutions Ltd. has issued 5,959,775 fully paid ordinary shares without a prospectus under Australian disclosure rules, and has confirmed its ongoing compliance with key financial reporting and continuous disclosure obligations under the Corporations Act. The cleansing notice indicates there is no excluded information withheld from the market, supporting transparency for investors as the company adjusts its capital structure and potentially broadens its shareholder base.
More about Nutritional Growth Solutions Ltd.
Nutritional Growth Solutions Ltd. is a U.S.-based health, nutrition and wellness company that develops, produces and sells clinically tested nutritional supplement formulas for children, built on two decades of pediatric nutrition research. Operating in the growing nutritional supplements market, it targets the underserved three-to-twelve-year-old age group, positioning itself with differentiated, clinically validated products and an expanding portfolio aimed at capturing this larger market opportunity.
Average Trading Volume: 295,540
Technical Sentiment Signal: Sell
Current Market Cap: A$4.5M
Learn more about NGS stock on TipRanks’ Stock Analysis page.