Future Machine Ltd. Announces Rights Issue with Up to 500 Million New Shares Offered

Reuters10-06

Future Machine Ltd. Announces Rights Issue with Up to 500 Million New Shares Offered

Future Machine Limited has announced the results of its rights issue, offering up to 500 million new shares. According to the company, the valid acceptances for the rights shares have been confirmed, with the number of unsubscribed rights shares now subject to compensatory arrangements through a placing process. Any shares not placed under these compensatory arrangements will not be issued, resulting in a reduction of the overall size of the rights issue. The company will provide a further update on the final results of the rights issue and the placing process, including details on the net gain per placing share, in a subsequent announcement. Shareholders and investors are advised to exercise caution and consult professional advisers when dealing in the company's shares, as the rights issue remains subject to certain conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Future Machine Ltd. published the original content used to generate this news brief on October 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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