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Why Is Adavale Issuing 82 Million New Options After $3.1M Placements?
7:01am on Thursday 11th of September, 2025 AEST
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Why Is Adavale Issuing 82 Million New Options After $3.1M Placements?
7:01am on Thursday 11th of September, 2025 AEST
Key Points
Offer of 73.5 million new options to Placement Participants
3.6 million new options allocated to Participating Directors
5 million new options issued to lead manager GBA Capital Pty Ltd
Options exercisable at $0.035 each until 30 June 2028
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