Vitrafy Share Purchase Plan Opens - SPP Offer Booklet
| Stock | VFY.ASX (VFY.ASX) |
|---|---|
| Release Time | 19 Jun 2026, 8:20 a.m. |
| Price Sensitive | Yes |
Vitrafy Opens Share Purchase Plan
- Vitrafy offers SPP to eligible shareholders
- SPP aims to raise up to A$2 million
- New shares priced at A$2.60, same as recent institutional placement
- SPP open from June 19, 2026, to July 3, 2026
Vitrafy Life Sciences Limited (ASX: VFY) has opened a Share Purchase Plan (SPP) for eligible shareholders, offering them the opportunity to subscribe for up to A$30,000 worth of new shares at A$2.60 each, the same price as the recent institutional placement. The SPP aims to raise up to A$2 million. Eligible shareholders, defined as those registered on the record date of June 11, 2026, with addresses in Australia or New Zealand, can participate. The SPP is voluntary and not underwritten. Funds raised will be used for manufacturing Guardion devices, accelerating U.S. operations, and for sales, marketing, and working capital. The SPP opens on June 19, 2026, and closes on July 3, 2026. Shareholders are advised to read the SPP offer booklet for full details and terms.
Vitrafy aims to raise up to A$2 million through the SPP.
Vitrafy plans to use the funds raised from the SPP to accelerate U.S. operations and for sales and marketing activities.