Pinnacle Investment Management Group Limited (AU:PNI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Pinnacle Investment Management Group Limited has announced a significant issuance of securities, with plans to release over 20 million fully paid ordinary shares. This includes more than 1.2 million shares under a securities purchase plan and an additional 19.7 million through a placement. The offering aims to bolster the company’s financial standing and attract new investors, reflecting Pinnacle’s strategic growth initiatives.
For further insights into AU:PNI stock, check out TipRanks’ Stock Analysis page.
