other_material
confidence high
sentiment positive
materiality 0.75
Propanc Biopharma prices $4M public offering, uplists to Nasdaq; appoints two independent directors
Propanc Biopharma, Inc.
- Raised $4M gross ($3.34M net) via public offering of 1M shares at $4.00/sh; underwriters have 45-day option for 150K more.
- Common stock began trading on Nasdaq Capital Market on Aug 15 under symbol PPCB, uplisted from OTC Pink.
- Appointed Joseph Himy and Annie VanBroekhoven as independent directors on Aug 14; serving on audit, compensation, nominating committees.
- Issued Representative's warrants to D. Boral Capital for 30,000 shares at $4.00, exercisable from Feb 2026 to Aug 2030.
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