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Paradigm Biopharmaceuticals Flags February 2026 Expiry of 97 Million PAROA Options

Story Highlights
  • Paradigm Biopharmaceuticals is a late-stage drug developer focused on iPPS therapies for inflammatory diseases.
  • The company’s 97.4 million PAROA options, exercisable at $0.65, will cease trading 5 February and expire 11 February 2026 without underwriting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Paradigm Biopharmaceuticals Flags February 2026 Expiry of 97 Million PAROA Options

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The latest announcement is out from Paradigm Biopharmaceuticals ( (AU:PAR) ).

Paradigm Biopharmaceuticals has advised holders of its PAROA quoted options that 97,358,215 options will expire at 5pm AEDT on 11 February 2026, with trading in these options to cease on 5 February 2026. Option holders have been notified that each option is exercisable at $0.65 into fully paid ordinary shares, with the potential issue of an equal number of shares and 48,679,107 piggyback options exercisable at $1.00 by February 2028, although the current share price of $0.35 sits below the exercise price; any options not exercised with cleared funds by the deadline will lapse unexercised, and there is no underwriting in place, leaving final take-up entirely dependent on investor demand.

The most recent analyst rating on (AU:PAR) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Paradigm Biopharmaceuticals stock, see the AU:PAR Stock Forecast page.

More about Paradigm Biopharmaceuticals

Paradigm Biopharmaceuticals Ltd (ASX:PAR) is a late-stage drug development company focused on discovering, developing and delivering pharmaceutical therapies to improve patients’ health and quality of life. Its current lead programs centre on injectable (subcutaneous) pentosan polysulfate sodium (iPPS), targeting inflammatory diseases such as osteoarthritis, where it is in phase 3 trials, and mucopolysaccharidosis, where it is in phase 2 trials.

Average Trading Volume: 1,029,502

Technical Sentiment Signal: Hold

Current Market Cap: A$154.3M

For an in-depth examination of PAR stock, go to TipRanks’ Overview page.

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