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AdAlta Launches $1.29M Rights Offer to Accelerate CAR-T Licensing Push
3:21am on Monday 2nd of June, 2025 AEST
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Biotechnology
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AdAlta Launches $1.29M Rights Offer to Accelerate CAR-T Licensing Push
3:21am on Monday 2nd of June, 2025 AEST
Key Points
Pro rata renounceable offer of 428.8 million new shares at 0.3 cents each
One new option issued for every two new shares subscribed
Funds targeted to advance CAR-T licensing, AD-214 and WD-34 development, and working capital
Offer underwritten up to $300,000 by Mahe Capital with CEO underwriting $35,000
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