ASL Marine Expands Share Count Post-Warrants

ASL Marine Holdings Ltd. (SG:A04) has released an update.

ASL Marine Holdings Ltd. has announced the issuance of 44,213,500 new ordinary shares following the exercise of equivalent warrants at S$0.06 each, increasing their total number of ordinary shares to 770,638,041. These new shares will be listed and commence trading on the SGX-ST from 9:00 a.m., 6 June 2024, on equal footing with existing shares. There remains a total of 428,271,213 warrants, exercisable at the same price until 23 July 2024.

For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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