Elixinol Wellness Completes Share Purchase Plan

Elixinol Wellness Ltd (AU:EXL) has released an update.

Elixinol Wellness Ltd successfully completed its Share Purchase Plan, raising approximately $420,000 to support the acquisition of assets from The Healthy Chef Pty Ltd and related companies. The issuance of around 93 million new shares, along with free attaching options, marks a significant step in the company’s expansion strategy. The new shares will be issued following shareholder approval at the upcoming Extraordinary General Meeting.

For further insights into AU:EXL 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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