BOT 0.00% 32.5¢ botanix pharmaceuticals ltd

Ann: FDA Approves Sofdra, page-153

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    Single tranche placement of new fully paid ordinary shares in the Company (New Shares) at the Offer Price to raise gross proceeds of approximately A$60 million (Placement or Offer).The allotment of the New Shares is not subject to shareholder approval and will fall within the Company’s 15% placement capacity under ASX Listing Rule 7.1.Offer PriceOffer price of A$0.30 per New Share (Offer Price).The Offer Price represents a:• 10.4% discount to the Company’s last traded price on Tuesday, 18 June 2024 (A$0.335)• 6.4% discount to the 5-day VWAP (A$0.321)
 
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