---
title: "Morella Seeks ASX Quotation for 13.1 Million New Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286185106.md"
description: "Morella Corporation Limited has applied for ASX quotation of 13,125,000 new ordinary shares, set to be issued on May 12, 2026. This move aims to increase the company's free float and enhance liquidity, potentially broadening its shareholder base. While the specific use of proceeds is not disclosed, the expanded share count may lead to dilution for existing shareholders while providing greater financial flexibility for the company. Morella Corporation is listed on the ASX under the ticker 1MC and operates within public capital markets."
datetime: "2026-05-13T02:32:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286185106.md)
  - [en](https://longbridge.com/en/news/286185106.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286185106.md)
---

# Morella Seeks ASX Quotation for 13.1 Million New Shares

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Morella Corporation ( (AU:1MC) ) just unveiled an announcement.

Morella Corporation Limited has applied for quotation on the ASX of 13,125,000 new ordinary fully paid shares, with an issue date of 12 May 2026. The additional securities, which stem from a previously announced transaction, will increase the company’s free float and may enhance liquidity in its stock, potentially broadening its shareholder base and supporting future capital management plans.

The move reflects ongoing use of the equity market by Morella to fund its strategic and operational needs, aligning with standard capital-raising practices among ASX-listed issuers. While specific use of proceeds is not disclosed in the filing, the expanded share count could have implications for existing shareholders through dilution, while providing the company with greater financial flexibility.

**More about Morella Corporation**

Morella Corporation Limited, listed on the ASX under the ticker 1MC, is an Australian company whose ordinary fully paid shares are traded on the local securities exchange. The firm operates within the public capital markets, using periodic share issues and quotations to support its funding and corporate activities.

**YTD Price Performance:** -20.51%

**Average Trading Volume:** 483,314

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$13.05M

See more data about 1MC stock on TipRanks’ Stock Analysis page.

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