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TruScreen Group Initiates Trading Halt for Capital Raising

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TruScreen Group Initiates Trading Halt for Capital Raising

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TruScreen Group Ltd. ( (AU:TRU) ) has issued an announcement.

TruScreen Group Limited has requested a trading halt on its securities on both the NZX and ASX exchanges. This halt is in anticipation of a capital raising initiative, which includes a placement of ordinary shares to institutional investors and a share purchase plan for existing shareholders. The trading halt is expected to last until the completion of the announcement regarding the capital raising, which is anticipated to be price sensitive and material for the company’s securities.

More about TruScreen Group Ltd.

Average Trading Volume: 154,474

Technical Sentiment Signal: Buy

Current Market Cap: A$15.13M

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

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