What happened
Sanigen disclosed a private placement (third-party allotment) to raise US$6.81M, about 34.4% of its market value.
For context, this raise equals about 34.4% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Private placement |
|---|---|
| Raise amount | US$6.81M |
| vs. market value | 34.4% |
| Filed | 2026-04-14, Material event report (rights offering) |
| Source | DART rcept 20260414002428 → open original filing |
Source: DART. Information only, not investment advice.