Vonex Limited ( (AU:VN8) ) has shared an update.
Vonex Limited has announced a 1 for 1 pro rata non-renounceable entitlement offer priced at $0.037 per share, partially underwritten by Maxo Telecommunications Pty. Ltd. The offer, which is not available to U.S. investors, requires shareholder acceptance and payment by February 20, 2025. This initiative aims to strengthen Vonex’s financial position and provide existing shareholders an opportunity to increase their investment in the company.
More about Vonex Limited
YTD Price Performance: -9.09%
Average Trading Volume: 2,307,845
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$15.05M
See more insights into VN8 stock on TipRanks’ Stock Analysis page.