tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TrivarX Issues 20 Million Unquoted Options in Capital Structure Move

Story Highlights
  • TrivarX has issued 20 million unquoted options at a $0.015 exercise price.
  • The new options, not intended for ASX quotation, may reshape TrivarX’s future capital structure and dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TrivarX Issues 20 Million Unquoted Options in Capital Structure Move

Claim 50% Off TipRanks Premium and Invest with Confidence

TrivarX Limited ( (AU:TRI) ) has provided an update.

TrivarX Ltd has notified the market of a new issue of unquoted equity securities, comprising 20 million options exercisable at $0.015 and expiring on 19 December 2028. The options, which form part of a previously announced transaction and are not intended to be quoted on the ASX, signal an expansion of the company’s equity-based instruments that could affect future capital structure and potential dilution for existing shareholders if exercised.

More about TrivarX Limited

YTD Price Performance: 6.25%

Average Trading Volume: 3,115,487

Technical Sentiment Signal: Sell

Current Market Cap: A$12.17M

Find detailed analytics on TRI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1