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Patrys Limited Issues New Shares to Strengthen Financial Position

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Patrys Limited Issues New Shares to Strengthen Financial Position

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Patrys Limited ( (AU:PAB) ) has provided an update.

Patrys Limited has issued 308,362,535 fully paid ordinary shares at $0.001 per share to sophisticated and professional investors, as part of a placement announced earlier. This move is in compliance with the Corporations Act and signifies the company’s ongoing efforts to secure funding and strengthen its financial position in the biotechnology sector.

More about Patrys Limited

Based in Melbourne, Australia, Patrys Limited (ASX:PAB) focuses on developing its deoxymab platform of cell-penetrating antibodies for various therapeutic indications.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.09M

Find detailed analytics on PAB stock on TipRanks’ Stock Analysis page.

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