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Terragen Holdings Launches Equity Raising Initiative

Terragen Holdings Launches Equity Raising Initiative

Terragen Holdings Ltd (AU:TGH) has released an update.

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Terragen Holdings Ltd, an Australian company specializing in biological products for agriculture, has announced an equity raising initiative through the release of new shares priced at A$0.035 each. The initiative includes a non-underwritten institutional placement and a fully underwritten entitlement offer, aiming to raise approximately A$4.77 million. The retail entitlement offer is set to open on December 12, 2024, providing an opportunity for eligible retail shareholders to participate in the company’s growth.

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

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