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Petrotx and Globes Announce Strategic Rights Issue

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Petrotx and Globes Announce Strategic Rights Issue

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Petrotx Pu ( (IL:PTX) ) has shared an update.

Petrotx Pu has announced a rights issue distribution to unit holders of its partnership with Globes. The rights issue, available from February 20, 2025, involves the distribution of 2,314,506 units at a price of 0.33333 per unit, with the record date set for February 23, 2025. This move reflects the company’s strategic financial maneuvering to bolster its market presence and enhance stakeholder value.

More about Petrotx Pu

YTD Price Performance: 13.98%

Average Trading Volume: 38,429

Current Market Cap: ILS8.48M

See more insights into PTX stock on TipRanks’ Stock Analysis page.

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