Brief: Clarity Pharmaceuticals Launches A$121 Million Equity Raise
26/03/2024 24:57
March 26 (Reuters) - Clarity Pharmaceuticals Ltd
CU6.AX :
* LAUNCHES A$121 MILLION EQUITY RAISE
* INSTITUTIONAL PLACEMENT TO RAISE A$101 MILLION
* OFFER PRICE TO BE ISSUED UNDER PLACEMENT AND ENTITLEMENT
OFFER
IS A$2.55 PER NEW SHARE
* 1 FOR 33 PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT
OFFER
TO RAISE A$20 MILLION
Further company coverage: CU6.AX
((Reuters.Briefs@thomsonreuters.com;))
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