Acrux Limited (AU:ACR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Acrux Limited has successfully raised $2.65 million through a share placement and is offering a Share Purchase Plan (SPP) to raise an additional $2 million, which will support the advancement of its pharmaceutical development projects. The capital injection will help Acrux push four key projects towards FDA dossier submission, enhancing its pipeline of topical pharmaceutical products. Strategic investment from NorthStar Impact Funds and participation from Acrux’s Board members underscore strong investor confidence in the company’s growth trajectory.
For further insights into AU:ACR stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- New “Anti-Woke” ETF Targets Starbucks (NASDAQ:SBUX)
- Ford (NYSE:F) Plans New EV Plant
- The Gelsinger Post-Mortem Starts at Intel (NASDAQ:INTC)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
