Chimeric Therapeutics (ASX: CHM) raises AU$4.5 M through rights issue - Kalkine Media

December 07, 2023 03:32 PM AEDT | By Sonal Goyal
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  • Chimeric has raised nearly AU$4.5 million through an entitlement offer
  • Under the offer, the company has issued over 159 million shares at AU$0.028 apiece issue price.
  • The new shares will be allotted today and are expected to start trading on ASX from 8 December 2023.

Chimeric Therapeutics Limited (ASX: CHM) has announced completion of a non-renounceable entitlement offer, raising amount of approximately AU$4.5 million through issue of over 159 million new shares to eligible shareholders.

The company informed that the issue and allotment of the new shares will take place today (7 December 2023), and the allotted shares are expected to trade on the ASX on 8 December 2023.

Data source: Company update

CHM shares traded at AU$0.029 apiece at the time of writing on 7 December 2023.


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