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RPM Automotive Plans New Securities Issue
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RPM Automotive Plans New Securities Issue

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

RPM Automotive Group Limited has announced plans for a new securities issuance, proposing the issue of 40,623,053 options exercisable at $0.10 each with an expiry of August 31, 2025. The scheduled date for the proposed issue is May 27, 2024. This move is set to infuse the company with fresh capital, aiming to bolster its financial position and future growth prospects.

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

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