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IX Biopharma
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iX Biopharma
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GGTTAANN
Senior |
13-Jul-2022 11:05
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with FY ended 30th June 2022, FS should be releases soon. good timing to invest?
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Joelton
Supreme |
13-Jul-2022 09:43
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iX Biopharma to raise $2.7 mil placing out new shares at premium to current market price
iX Biopharma plans to raise $2.7 million by placing out 13.7 million new shares at 20 cents each to C2C Biopharma, described as the investment vehicle of one Lundy Nath.
According to iX Biopharma, Nath has more than 20 years of corporate experience in the US and Cambodia, in the health and wellness industries and can help generate &ldquo new opportunities&rdquo .
The placement price of 20 cents is a 15% premium to the company&rsquo s volume-weighted average price of 17.43 cents on July 12.
The subscription shares will increase the company&rsquo s share capital by 1.79% to 764.9 million shares.
iX Biopharma plans to use around 60% of the proceeds for the development, manufacturing and marketing activities required to expand its nutraceutical and medicinal cannabis businesses into new markets including the United States.
The remaining 40% will be set aside for general working capital.
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spursfan
Supreme |
12-Jul-2022 19:46
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PROPOSED PLACEMENT OF 13,710,000 NEW ORDINARY SHARES
IN THE CAPITAL OF IX BIOPHARMA LTD 1. INTRODUCTION 1.1. The board of directors (the "Directors") of iX Biopharma Ltd. (the "Company", together with its subsidiaries, the "Group") is pleased to announce that the Company has on 12 July 2022 entered into a subscription agreement (the "Subscription Agreement") with C2C Biopharma Holdings Pte. Ltd. (?C2C Biopharma? or the ?Investor?) pursuant to which the Investor has agreed to subscribe for 13,710,000 new ordinary shares in the capital of the Company (the ?Subscription Shares?) at S$0.20 per Subscription Share (the ?Subscription Price?), amounting to a total of S$2,742,000 (the ?Subscription Consideration?), on the terms and subject to the conditions of the Subscription Agreement (the ?Placement?)...... https://links.sgx.com/1.0.0/corporate-announcements/SU2GADR0CLAIPDZI/723469_SGXNET%20Announcement%20of%20Placement%20120722%20final.pdf |
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Smartbet
Member |
19-Apr-2022 10:33
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Typically pump and dump!
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Smartbet
Member |
19-Apr-2022 09:40
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What happen to this stock again? Up one day and down even more the next day?
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Smartbet
Member |
25-Mar-2022 15:21
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Agreed that this stock really need lots amd lots and lots and lots of patience. Wanted to cut loss but gap a bit big. Really not for the faint hearted as after 7 years, this stock is getting worse. Waiting to exit if got chance.
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Luckygal
Member |
25-Mar-2022 13:12
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IMO, its more like those with patience will be well rewarded.
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ahberngh
Elite |
25-Mar-2022 12:57
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Its outlincensee company, SEELOS, is also experiencing share price destruction while waiting for its two main products (SLS-002 ketamine, and SLS-005 trehalose) to be approved by the FDA. Also high risk, high reward.
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ahberngh
Elite |
25-Mar-2022 12:50
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A lot of patience needed, needs ketamine to be approved by FDA, also its other products to start moving big. World opening after covid should help a lot. High risk, high reward. Not for the faint hearted. |
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luckyfa
Elite |
25-Mar-2022 11:00
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Already out of this counter with some losses.... Cant take it as no movement.... Huat huat.... 😅
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Smartbet
Member |
25-Mar-2022 09:25
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No eye see. Every stock is moving except this.
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luckyfa
Elite |
11-Mar-2022 17:18
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🤕 ...
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Smartbet
Member |
11-Mar-2022 15:04
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The recent positive development can't even stop this stock from falling deeper.
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Smartbet
Member |
11-Mar-2022 15:02
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Dead fish now. Just pray that it won't go lower.
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luckyfa
Elite |
16-Feb-2022 09:19
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Just for some reading, seel Big jump in US.... HOPE SLS-003 getting good news soon.... 🤞 | ||||
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luckyfa
Elite |
15-Feb-2022 22:24
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See how... Then i catch more.. 💪
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luckyfa
Elite |
15-Feb-2022 16:23
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Hope for bounce back soon... Those who wanted contra may have been done.... | ||||
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Stocksguru
Master |
15-Feb-2022 11:27
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May be buy like buying toto see got chance a not.
Now sgx alot of dead counter like conform delgro, dairy farm etc all still not moving.
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easywin
Supreme |
15-Feb-2022 11:26
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Buy Hatten stand a better chance
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luckyfa
Elite |
15-Feb-2022 11:24
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Hoping... Now buy more and load under the pillow first😁 ... Who knows this to Super Charge anytime😅 ... Win a few round in other counters, this first time load and stuck.. Loading more at lower..... 🤞
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