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Immuron Limited Announces Proposed Securities Issue

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Immuron Limited Announces Proposed Securities Issue

Confident Investing Starts Here:

The latest update is out from Immuron Limited ( (AU:IMC) ).

Immuron Limited has announced a proposed issue of 135,800 fully paid ordinary securities, with the issuance date set for May 29, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market positioning by increasing its capital base and enhancing its financial flexibility.

More about Immuron Limited

Immuron Limited operates in the biotechnology industry, focusing on the development and commercialization of oral immunotherapeutic products for the treatment of gut-mediated diseases.

Average Trading Volume: 108,473

Technical Sentiment Signal: Sell

Current Market Cap: A$14.72M

For detailed information about IMC stock, go to TipRanks’ Stock Analysis page.

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