Immuron Extends At-the-Market Funding Facility to Aggregate Offering Price of Around $2.8 Million
MT Newswires Live
Oct 06
Immuron (ASX:IMC) lodged an at-the-market supplementary prospectus with the United States Securities and Exchange Commission, extending the at-the-market funding facility with H.C. Wainwright to an additional aggregate offering price of around $2.8 million, according to a Monday Australian bourse filing.
Immuron will control major aspects of the funding, having sole discretion as to whether the firm uses the at-the-market facility, the number of American depository shares issued, as well as the minimum issue price of the American depository shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.