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Race Oncology Ltd Issues New Securities to Bolster Market Position

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The latest update is out from Race Oncology Ltd. ( (AU:RAC) ).

Race Oncology Ltd announced the issuance of 7,308 ordinary fully paid securities on May 7, 2025, as part of their application for quotation on the ASX. This move reflects the company’s ongoing efforts to enhance its financial standing and market presence, potentially impacting its operations and positioning within the biotechnology sector.

More about Race Oncology Ltd.

Race Oncology Ltd is a company operating in the biotechnology industry, focusing on the development and commercialization of cancer therapies. They are primarily engaged in advancing their proprietary drug candidates to address unmet medical needs in oncology.

Average Trading Volume: 120,978

Technical Sentiment Signal: Sell

Current Market Cap: A$210.2M

Learn more about RAC stock on TipRanks’ Stock Analysis page.

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