PainChek Ltd (AU:PCK) has released an update.
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PainChek Ltd is launching a pro-rata non-renounceable entitlement offer to raise approximately $5.1 million, providing shareholders the chance to acquire new shares and options. The offer, fully underwritten by Canaccord Genuity, aims to strengthen the company’s financial position. The securities are considered speculative, and potential investors are advised to consider the associated risks.
For further insights into AU:PCK stock, check out TipRanks’ Stock Analysis page.