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Anagenics Restructures, Issues 35M Shares to FOS Capital, Eyes Growth
3:31am on Monday 2nd of June, 2025 AEST
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Health Care
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Anagenics Restructures, Issues 35M Shares to FOS Capital, Eyes Growth
3:31am on Monday 2nd of June, 2025 AEST
Key Points
Completion of business restructure aimed at simplification and sustainable earnings
Issued 35 million shares to FOS Capital Ltd as payment for administrative and warehousing services
Pro-forma financial position shows net assets of approximately $2.39 million as of 31 March 2025
Sufficient funds to support operations for next two quarters without additional equity
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