Bluglass Limited Issues New Equity Securities to Boost Growth

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2025.03.05 04:23
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Bluglass Limited (AU:BLG) has announced the issuance of 188,000 unquoted equity securities, specifically options expiring on February 28, 2027, at an exercise price of $0.06. This strategic move aims to enhance the company's capital structure and provide investment opportunities for stakeholders. Bluglass operates in the technology sector, focusing on advanced semiconductor materials and gallium nitride (GaN) technology. The company currently has a market cap of $24.07M and a year-to-date price performance of -9.68%.