Manhattan Corporation ( (AU:MHC) ) has issued an update.
Manhattan Corporation Limited has announced a proposed issue of securities, including 150 million 5-year expiring performance rights, 18 million executive performance rights, and 200 million ordinary fully paid shares. This move is aimed at raising capital through a placement or other type of issue, with the proposed issue date set for July 1, 2025. The issuance of these securities is expected to impact the company’s financial structure and market positioning, potentially enhancing its operational capabilities and shareholder value.
More about Manhattan Corporation
YTD Price Performance: -10.53%
Average Trading Volume: 152,098
Technical Sentiment Signal: Sell
Current Market Cap: A$3.99M
For a thorough assessment of MHC stock, go to TipRanks’ Stock Analysis page.