Immutep Limited Announces Strategic Trading Halt

Immutep Ltd (AU:IMM) has released an update.

Immutep Limited has requested a trading halt on its securities, pending a forthcoming announcement about a major equity raising initiative, which includes a placement to institutional investors and an accelerated non-renounceable entitlement offer. The halt is to ensure the equity raising is conducted in an orderly manner and will last until an update is provided or market opens on Wednesday, 5 June 2024. This strategic financial maneuver aims to manage market orderliness during the significant fundraising activity.

For further insights into AU:IMM 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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