Entropy Neurodynamics Says Various Securities Due for Escrow Release; Shares Up 3%
MT Newswires Live
May 22
Entropy Neurodynamics (ASX:ENP) said a range of its restricted securities will be released from escrow on May 29, following which it will not have any securities remaining in escrow, according to a Friday filing with the Australian bourse.
The securities to be released include about 49.9 million ordinary shares, as well as various options, per the filing.
The company said it will apply to quote the ordinary shares within five business days after the end of the escrow period.
Shares of Entropy Neurodynamics gained nearly 3% in recent Friday trade.
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