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Percheron’s 280 million options put HMBD-002 funding within reach

8:37am on Wednesday 4th of November, 2026 AEDT • Biotechnology and Pharmaceuticals
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Percheron’s 280 million options put HMBD-002 funding within reach

8:37am on Wednesday 4th of November, 2026 AEDT
Key Points
  • Up to 280 million options offered to placement participants and lead managers
  • $0.01 exercise price with expiry on 15 April 2028
  • Potential exercise proceeds of approximately $2.8 million before costs
  • Shares issued on exercise could represent about 12% of the post-offer share count
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