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RPM Automotive Plans New Options Issue
Company Announcements

RPM Automotive Plans New Options Issue

RPM Automotive Group Ltd. (AU:RPM) has released an update.

RPM Automotive Group Limited has announced a new securities issue consisting of 40,623,053 options exercisable at $0.10 each, set to expire on August 31, 2025. The proposed issue date is May 27, 2024, aimed at raising capital through a placement or other financial mechanisms. This move could signal a strategic expansion or financial reinforcement for the company.

For further insights into AU:RPM stock, check out TipRanks’ Stock Analysis page.

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