Actinogen Medical’s Major Shareholder Dilutes Stake
Company Announcements

Actinogen Medical’s Major Shareholder Dilutes Stake

Actinogen Medical Limited (AU:ACW) has released an update.

BVF Partners L.P. and associated entities have reported a change in their substantial holding in Actinogen Medical Limited, with their voting power decreasing from 9.79% to 8.40% following the issuance of additional shares by the company. The dilution occurred because Actinogen issued new shares to other parties, affecting the overall voting power of BVF Partners L.P. and its associates.

For further insights into AU:ACW stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskActinogen Medical Updates Director’s Securities Holdings
TipRanks Australian Auto-Generated NewsdeskActinogen Medical Expands Shares Amid Drug Development Progress
TipRanks Australian Auto-Generated NewsdeskActinogen Medical Expands Market Presence with New Securities
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