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RemSense Plans Issue of Up to 1 Million New Options

Story Highlights
  • RemSense Technologies will conduct a placement-type issue of up to 1,000,000 options listed as REMAT on the ASX.
  • The options carry a $0.10 exercise price, expire on 30 June 2028, and could modestly dilute existing holders while raising future capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RemSense Plans Issue of Up to 1 Million New Options

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An update from RemSense Technologies Ltd. ( (AU:REM) ) is now available.

RemSense Technologies Ltd., listed on the ASX under the code REM, has lodged details of a proposed issue of securities, indicating it will undertake a placement or similar type of capital-related transaction. The company plans to issue up to 1,000,000 options (REMAT) exercisable at $0.10 and expiring on 30 June 2028, with the proposed issue date of 16 January 2026, a move that will modestly expand its securities on issue and may provide additional capital upon future exercise, affecting dilution and potential upside for existing and new stakeholders.

The most recent analyst rating on (AU:REM) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on RemSense Technologies Ltd. stock, see the AU:REM Stock Forecast page.

More about RemSense Technologies Ltd.

Average Trading Volume: 214,238

Technical Sentiment Signal: Hold

Current Market Cap: A$7.71M

Learn more about REM stock on TipRanks’ Stock Analysis page.

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