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8.0¢ kazia therapeutics limited

Tinhat- Correct, and that’s probably in the neighborhood of 4%...

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onesurfed

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14/07/23

11:42

Post #: 68787466
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Originally posted by tinhat: ↑

From what I can understand. It appears this is the first use of the ATM since the AGM of Nov 22. The notice refers to the total amount that can be sold under rules 7.1 (10% rule) and 7.1A (15% rule). See 7F.2 of the notice: "Please note - this is the maximum amount which may be issued under the ATM facility rather than any targeted amount." Note that the additional 15% capacity must be passed by shareholders at a general meeting. Refer to resolution 5 of the '22 AGM.

What actually happened, as per the cleansing notice released today, is that 8.15M shares got issued to BNYM (the holder of shares traded on NASDAQ) on 7 July. Refer to the recent change of substantial filed by BNYM. A further approx 150,000 shares got issued on 10 July.

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Tinhat- Correct, and that’s probably in the neighborhood of 4% dilution.

KZA Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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