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Cynata funds a strategic reset with $913,000 raise and free options
9:16am on Thursday 8th of October, 2026 AEDT
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Biotechnology and Pharmaceuticals
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Cynata funds a strategic reset with $913,000 raise and free options
9:16am on Thursday 8th of October, 2026 AEDT
Key Points
Three-for-eight entitlement offer at $0.01 per share
One unquoted $0.02 option for every three new shares
Pro forma cash of approximately $1.30 million after the raise
Auditor flagged material uncertainty over going concern
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Cynata Therapeutics (ASX:CYP)
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