Sharechat Logo

RUA - Successful rights offer is oversubscribed

Tuesday 16th December 2025

Text too small?

Rua Bioscience Limited announces the successful completion of its 1 for 3 renounceable rights offer at an issue price of $0.025 per new share. The rights offer sought to raise $2.034 million.

 

The rights issue which closed on Friday 12 December 2025, was oversubscribed with applications received of $2.316 mill. This is $282k or 14% more than the amount requested under the offer.

 

The Board has resolved to accept oversubscriptions in excess of the rights offer through a placement to an existing eligible investor of approximately $280,000, at the same issue price of $0.025 per share.

 

The allotment and issue of new shares will occur on Thursday 18 December 2025. Holding Statements will be dispatched to shareholders on Monday 22 December 2025

 

Rua Bioscience Chair, Anna Stove commented, “The strong level of shareholder support is a clear endorsement of our strategy and the progress being made by the Rua team. On behalf of the Board and the Rua team, I would like to thank our shareholders for their continued support.”

 

Rua Bioscience remains committed to its export-led growth strategy, leveraging its international partnerships and it’s expertise in unique genetic development to deliver high-value medicinal cannabis products to patients.

 

ENDS

 

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

CVT - Comvita Limited director nominations
September 4th Morning Report
BRW - Revised offer from Floorscape Limited for 100% of Bremworth
WIN - Winton Appoints Michael Stiassny as Independent Chair
WCO - Offer of new shares to selected investors
GNE - Genesis secures additional gas to strengthen fuel portfolio
FSF - Fonterra provides update on forecast FY26 earnings
September 2nd Morning Report
TWL - Amendments to Notice of Annual Shareholders' Meeting
Devon Funds Morning Note - 01 September 2026