Partial Exercise of Option and End of Stabilisation Period

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Stock Anteris Technologies Ltd (AVR.ASX)
Release Time 15 Jan 2025, 9:43 a.m.
Price Sensitive Yes
 Anteris Partially Exercises Over-Allotment Option, Ends Stabilisation Period
Key Points
  • Anteris partially exercises over-allotment option for 78,481 shares at US$6.00 per share
  • Stabilisation period for Anteris' U.S. IPO ends on January 12, 2025
  • Stabilisation Manager made successive purchases of 2,141,519 shares during stabilisation period
Full Summary

Anteris Technologies Global Corp. (NASDAQ: AVR, ASX: AVR) has announced that the Underwriters' Representatives have partially exercised the over-allotment option granted by the Company in respect of 78,481 shares of common stock at the purchase price of US$6.00 per share, less underwriting discounts and commissions. The portion of the over-allotment option that was not exercised has lapsed. The closing and settlement of the exercised portion of the over-allotment option occurred on January 14, 2025 (U.S. time). The Company also confirms that the market stabilisation activities undertaken by the Stabilisation Manager during the stabilisation period have ceased as of January 12, 2025, in accordance with the requirements of the 'no-action letter' issued by the Australian Securities and Investments Commission. The Stabilisation Manager made successive purchases of an aggregate of 2,141,519 shares of common stock during the stabilisation period.