Australia's Aurora Labs slips on discounted share placement
28/10/2026 03:09
BUZZ-Australia's Aurora Labs slips on discounted share placement ** Shares of Australia's Aurora Labs A3D.AX fall 5.1% to A$0.056, set for their worst session since September 24
** Electronic equipment company secures commitment to raise A$6 million ($4.22 million) through the issue of 109.1 million shares at A$0.055 per share
** Issue price represents a 6.8% discount to Tuesday's close
** Stock down 6.7% YTD
($1 = 1.4229 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
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