In the announcement it reads:
(each a "Eligible Shareholder") to subscribe for new fully paid ordinary shares ("Shares") in Immutep by way of a nonunderwritten share purchase plan ("SPP") to raise up to A$10m.
Previous SPP's have had a maximum amount to be raised also. If there is oversubscription from shareholders, then there would be a pro-rata reduction in the number of shares issued to each applicant.
It will depend upon the appetite of shareholders taking up their eligible subscriptions.
Ann: Immutep enters into collaboration with MSD, page-31
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