Vinyl Group Ltd (ASX:VNL) opened the retail component of its 1-for-15.5 accelerated non-renounceable entitlement offer, according to a Tuesday filing with the Australian bourse.
The offer has an issue price of AU$0.10 per share, with 76.4 million new shares to be issued to raise roughly AU$7.6 million, the filing said.
The offer will close on Jan. 15, 2025, the filing added.