tiprankstipranks
Trinity Biotech Files Prospectus for $1 Million ADS Offering
Company Announcements

Trinity Biotech Files Prospectus for $1 Million ADS Offering

Story Highlights

Stay Ahead of the Market:

An update from Trinity Biotech ( (TRIB) ) is now available.

Trinity Biotech plc, an Irish public limited company, has filed a prospectus supplement to its registration statement with the U.S. Securities and Exchange Commission. This filing pertains to the offer and sale of up to $1,000,000 in American Depositary Shares, part of an at-the-market offering agreement with Craig-Hallum Capital Group LLC. The issuance of these shares is contingent upon compliance with corporate actions and receipt of full payment, reflecting the company’s strategic financial maneuvers to potentially enhance liquidity and market presence.

More about Trinity Biotech

YTD Price Performance: -58.18%

Average Trading Volume: 189,298

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $10.21M

See more insights into TRIB stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles