oduction and development of innovative medicines for unmet medical needs, has announced that following shareholder approval at a General Meeting held on 25 October 2023, the consolidation of the Company’s total issued capital on a 1:1,000 basis has been completed, along with the settlement of the US$7.9m share placement as announced on 1 November 2023.
Upon completion of the Consolidation and Placement, the Company’s capital structure will consist of the below:
Class of Securities | Number of Securities |
Fully Paid Ordinary Shares | 35,430,491 |
Unlisted options exercisable at US$0.32 on or before 7 November 2028 | 15,500,000 |
Unlisted options (various ex. price from GBP1.20 to A$13.00, April 2024-July 2026) | 858,824 |
Performance Rights | 18,400 |
Convertible Notes (Mercer Opportunities Fund) | 7,306,432 |