Opthea Limited (AU:OPT) has released an update.
Opthea Limited has announced an entitlement offer and placement for new shares and options, aiming to raise approximately A$217.3 million. The offer includes an accelerated non-renounceable entitlement of new shares at $0.40 each and new options with an exercise price of $1.00. Additionally, the company is offering placement options as part of a A$10.0 million placement.
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