Brief: Painchek Announces A$1.59M Underwritten Non-Renounceable Pro-Rata Entitlement Offer

PainChek

24/06/2022 02:34

June 24 (Reuters) - PainChek  PCK.AX :
    * ANNOUNCES A$1.59M UNDERWRITTEN NON-RENOUNCEABLE PRO-RATA
ENTITLEMENT OFFER
    * ANNOUNCES A$3.0M PLACEMENT TO PROFESSIONAL AND
SOPHISTICATED
INVESTORS
    * ENTITLEMENT OFFER ON BASIS OF ONE NEW SHARE FOR EVERY
TWENTY
SHARES HELD AT RECORD DATE
    * ENTITLEMENT OFFER AT ISSUE PRICE OF A$0.028 TO RAISE
A$1.59
MILLION BEFORE COSTS
    * PLACEMENT OF 107.1 MILLION NEW SHARES TO PROFESSIONAL AND
SOPHISTICATED INVESTORS
    * FUNDING TO SUPPORT  COMMERCIAL ROLLOUT AND FURTHER
REGULATORY
AND CLINICAL PROGRAM DEVELOPMENT

Source text for Eikon:  ID:nASX85ldy 
Further company coverage:  PCK.AX 

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