Redflow Limited (AU:RFX) has released an update.
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Redflow Limited has extended the acceptance period for its Entitlement Offer to 28 May 2024, following favorable measures in the Federal Budget aimed at boosting Australia’s clean energy sector. This extension allows shareholders additional time to participate in the offer, which is integral to the company’s commitment to energy storage and national grid stability through its advanced zinc-bromine flow batteries.
For further insights into AU:RFX stock, check out TipRanks’ Stock Analysis page.