TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Zoono Group Limited ( (AU:ZNO) ) is now available.
Zoono Group Limited has announced an equity raising of approximately $1,777,169 through a non-renounceable Rights Issue, offering one new share for every seven shares held to eligible shareholders in select countries. This initiative is expected to maintain shareholder ownership percentages if fully subscribed and is not anticipated to materially affect the company’s control, showcasing Zoono’s strategic financial maneuvering to bolster its market position.
More about Zoono Group Limited
Zoono Group Limited is a global biotech company specializing in the development, manufacturing, and distribution of long-lasting, environmentally friendly antimicrobial solutions. Their product range includes sprays, wipes, and foams for skin care, surface sanitization, and mold remediation, utilizing a unique antimicrobial molecule that effectively eliminates various pathogens. The company is headquartered in New Zealand and operates globally, with products supported by independent laboratory testing and numerous regulatory approvals.
Average Trading Volume: 721,286
Technical Sentiment Signal: Hold
Current Market Cap: A$11.37M
For detailed information about ZNO stock, go to TipRanks’ Stock Analysis page.