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Unith Issues 12 Million Unlisted Options Expiring in 2028

Story Highlights
  • Unith Ltd has issued 12 million unlisted options exercisable at $0.013 each.
  • The unquoted options, expiring in December 2028, expand Unith’s potential future equity base for select stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unith Issues 12 Million Unlisted Options Expiring in 2028

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An announcement from Crowd Media Holdings Limited ( (AU:UNT) ) is now available.

Unith Ltd, listed on the ASX under code UNT, operates as a publicly traded company, though this announcement does not specify its industry, key products, or market focus. The company has notified the market that it has issued 12 million unlisted options with an exercise price of $0.013, expiring on 31 December 2028, as previously foreshadowed in an earlier capital-related filing; the options will not be quoted on the ASX, indicating a targeted incentive or financing structure for selected stakeholders rather than a broad public offering, and modestly expanding Unith’s potential future equity base.

The most recent analyst rating on (AU:UNT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Crowd Media Holdings Limited stock, see the AU:UNT Stock Forecast page.

More about Crowd Media Holdings Limited

Average Trading Volume: 2,511,965

Technical Sentiment Signal: Sell

Current Market Cap: A$12.15M

See more data about UNT stock on TipRanks’ Stock Analysis page.

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