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The latest announcement is out from Elixinol Wellness ( (AU:EXL) ).
Elixinol Wellness Limited has issued a prospectus for the offer of new options to select investors, including up to 1 new option for every new share issued to invited placement investors and 35,000,000 new options to the lead manager for capital raising and advisory services. The offers are not open to the general public, and applications can only be made by invited investors. This move is part of Elixinol’s strategy to raise capital and enhance its market positioning, although the investment is considered speculative and involves risks.
More about Elixinol Wellness
YTD Price Performance: -63.16%
Average Trading Volume: 380,244
Technical Sentiment Signal: Sell
Current Market Cap: A$3.88M
Learn more about EXL stock on TipRanks’ Stock Analysis page.