PainChek to Raise AU$5.1 Million via Entitlement Offer; Shares Up 4%

MT Newswires Live

Nov 25, 2024

Health care company PainChek (ASX:PCK) is set to raise about AU$5.1 million through a fully underwritten non-renounceable, pro-rata entitlement offer to shareholders on the basis of one new share for every eight shares held, priced at $0.025 apiece, according to a Monday filing with the Australian bourse.

The offer comes with one free attaching new option, with an exercise price of AU$0.05 and a 12-month expiry, for every new share issued, the filing said.

The proceeds will support the expansion of ANZ and UK Adult App sales in aged care and home care sectors, North American market entry post US Food and Drug Administration clearance, completion of Infant App commercial launch, and financing preparation, according to the filing.

PainChek shares rose nearly 4% in afternoon trade Monday.

Price (AUD): $0.03, Change: $+0.001, Percent Change: +3.57%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2486674021"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2486674021\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2486674021?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-25 10:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2486674021","market":"nz","top_or_hot":-1,"title":"PainChek to Raise AU$5.1 Million via Entitlement Offer; Shares Up 4%","media":"MT Newswires Live","content":"<html><body><p> Health care company PainChek (ASX:PCK) is set to raise about AU$5.1 million through a fully underwritten non-renounceable, pro-rata entitlement offer to shareholders on the basis of one new share for every eight shares held, priced at $0.025 apiece, according to a Monday filing with the Australian bourse.</p><p>The offer comes with one free attaching new option, with an exercise price of AU$0.05 and a 12-month expiry, for every new share issued, the filing said.</p><p>The proceeds will support the expansion of ANZ and UK Adult App sales in aged care and home care sectors, North American market entry post US Food and Drug Administration clearance, completion of Infant App commercial launch, and financing preparation, according to the filing.</p><p>PainChek shares rose nearly 4% in afternoon trade Monday.</p><p>Price (AUD): $0.03, Change: $+0.001, Percent Change: +3.57%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PainChek to Raise AU$5.1 Million via Entitlement Offer; Shares Up 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPainChek to Raise AU$5.1 Million via Entitlement Offer; Shares Up 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-11-25 10:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Health care company PainChek (ASX:PCK) is set to raise about AU$5.1 million through a fully underwritten non-renounceable, pro-rata entitlement offer to shareholders on the basis of one new share for every eight shares held, priced at $0.025 apiece, according to a Monday filing with the Australian bourse.</p><p>The offer comes with one free attaching new option, with an exercise price of AU$0.05 and a 12-month expiry, for every new share issued, the filing said.</p><p>The proceeds will support the expansion of ANZ and UK Adult App sales in aged care and home care sectors, North American market entry post US Food and Drug Administration clearance, completion of Infant App commercial launch, and financing preparation, according to the filing.</p><p>PainChek shares rose nearly 4% in afternoon trade Monday.</p><p>Price (AUD): $0.03, Change: $+0.001, Percent Change: +3.57%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2486674021","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486674021","pubTimestamp":1732503382,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Health care company PainChek  is set to raise about AU$5.1 million through a fully underwritten non-renounceable, pro-rata entitlement offer to shareholders on the basis of one new share for every eight shares held, priced at $0.025 apiece, according to a Monday filing with the Australian bourse.The offer comes with one free attaching new option, with an exercise price of AU$0.05 and a 12-month expiry, for every new share issued, the filing said.The proceeds will support the expansion of ANZ and UK Adult App sales in aged care and home care sectors, North American market entry post US Food and Drug Administration clearance, completion of Infant App commercial launch, and financing preparation, according to the filing.PainChek shares rose nearly 4% in afternoon trade Monday.Price : $0.03, Change: $+0.001, Percent Change: +3.57%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4125":"广播","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","BK7094":"医疗保健技术","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2238339852.HKD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","PCK.AU":"PAINCHEK LTD","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC"},"translate_title":"PainChek将通过配股要约筹集510万澳元；股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCK.AU":0.9,"AUD":1},"content_text":"Health care company PainChek (ASX:PCK) is set to raise about AU$5.1 million through a fully underwritten non-renounceable, pro-rata entitlement offer to shareholders on the basis of one new share for every eight shares held, priced at $0.025 apiece, according to a Monday filing with the Australian bourse.The offer comes with one free attaching new option, with an exercise price of AU$0.05 and a 12-month expiry, for every new share issued, the filing said.The proceeds will support the expansion of ANZ and UK Adult App sales in aged care and home care sectors, North American market entry post US Food and Drug Administration clearance, completion of Infant App commercial launch, and financing preparation, according to the filing.PainChek shares rose nearly 4% in afternoon trade Monday.Price (AUD): $0.03, Change: $+0.001, Percent Change: +3.57%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}