Adherium Ltd. (AU:ADR) has released an update.
Adherium Limited has announced a significant proposed issue of securities, including over 340 million new options exercisable at $0.03, expiring in June 2025, and an additional 78.5 million options, with some exercisable at $0.04. The announcement, dated April 26, 2024, outlines key dates for the standard pro rata issue and placement, with the record date set for May 2, 2024, and the offer closing by May 20, 2024. This move could potentially attract investors seeking to capitalize on the company’s growth prospects through these newly issued securities.
For further insights into AU:ADR stock, check out TipRanks’ Stock Analysis page.
