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Pathkey.AI Ltd Launches Shareholder Rights Issue to Raise Capital

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Pathkey.AI Ltd Launches Shareholder Rights Issue to Raise Capital

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Opyl Ltd. ( (AU:PKY) ) has issued an announcement.

Pathkey.AI Ltd has announced the dispatch of offer documents for a non-renounceable pro-rata rights issue, allowing eligible shareholders to purchase one fully paid ordinary share for every four shares held. This offer, aimed at raising up to $920,517, follows a previous placement that raised $2,500,000 from sophisticated investors, and is part of the company’s broader capital raising efforts.

More about Opyl Ltd.

Average Trading Volume: 1,172,031

Technical Sentiment Signal: Hold

Current Market Cap: A$7.29M

For a thorough assessment of PKY stock, go to TipRanks’ Stock Analysis page.

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