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Trendlines Group ( (SG:42T) ) has issued an announcement.
Trendlines Group Ltd. announced the results of its non-renounceable, non-underwritten rights issue, which closed on August 15, 2025. The rights issue saw a subscription level of 124.99%, with valid acceptances and excess applications exceeding the available shares. This successful capital raise indicates strong investor confidence and is expected to bolster the company’s financial position, enabling further investments in its core sectors of medical and agricultural technology.
More about Trendlines Group
Trendlines Group Ltd. is an Israel-incorporated company focused on the development of innovation-based businesses in the medical and agricultural technology sectors. The company operates through its subsidiaries to support and invest in startups, aiming to bring cutting-edge solutions to market.
Average Trading Volume: 1,233,242
Technical Sentiment Signal: Sell
Current Market Cap: S$38.09M
For an in-depth examination of 42T stock, go to TipRanks’ Overview page.