QBiotics closes successful Share Offer
20 December 2018
Australian life sciences company, QBiotics Group Limited (QBiotics) has closed its Group Share Offer on Friday 14 December 2018, with a total of $15,558,376 raised.
The Board authorised and approved the issue and allotment of 25,930,627 Shares at an issue price of $0.60 per Share to the subscribers under the Offer, effective today.
In total, QBiotics received 304 applications for Shares. Approximately two thirds of applications were received from existing shareholders and one third from new investors.