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PolarX Ltd Requests Trading Halt Ahead of Capital Raise

PolarX Ltd Requests Trading Halt Ahead of Capital Raise

PolarX Ltd (AU:PXX) has released an update.

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PolarX Limited (ASX: PXX) has requested an immediate trading halt on its securities, anticipating a forthcoming announcement about a capital raising initiative. The halt will be effective until the start of normal trading on Monday, 29 July 2024, or upon the release of the announcement, whichever comes first. The company has stated there are no known reasons that would prevent the trading halt from being granted.

For further insights into AU:PXX stock, check out TipRanks’ Stock Analysis page.

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