RBR Group Ltd (AU:RBR) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
RBR Group Limited has announced a capital raising initiative through a non-renounceable pro-rata entitlement offer, allowing eligible shareholders to purchase one new share for every three they hold, at $0.001 per share. The company aims to raise approximately $619,802, with an additional $2,500 from issuing new options to CPS Capital Group. The offer, structured to maintain existing shareholder control, is not expected to significantly alter the company’s ownership dynamics.
For further insights into AU:RBR stock, check out TipRanks’ Stock Analysis page.