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Why Is Eden Innovations Consolidating Shares and Raising $6.6M Now?
3:41pm on Friday 20th of June, 2025 AEST
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Why Is Eden Innovations Consolidating Shares and Raising $6.6M Now?
3:41pm on Friday 20th of June, 2025 AEST
Key Points
Proposed 20-for-1 share consolidation to streamline capital structure
Renounceable pro-rata entitlement offer to raise up to $6.6 million
Share issue to repay nearly $5 million in shareholder loans
Directors and related entities to fully participate in the entitlement offer
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EDEN INNOVATIONS (ASX:EDE)
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