AML3D Limited (ASX: $AL3) has requested a voluntary suspension of its securities quotes on the ASX from the commencement of trading on 28 March 2024. The suspension is pending the release of an announcement regarding a proposed capital raising. The Company anticipates that the voluntary suspension will remain in place until the earlier of the release of further announcements in relation to the capital raise or the commencement of normal trading on Wednesday, 3 April 2024.
The Company Secretary, Kaulle Kaitlin Smith, stated, 'AML3D has made the decision to request a voluntary suspension to allow for the forthcoming announcement of a proposed capital raising. This decision aligns with our commitment to transparent and timely communication with our stakeholders. We believe that this voluntary suspension will provide the necessary space for the market to absorb the upcoming information and make informed decisions.'
AML3D Limited (ASX: $AL3) has taken the proactive step of requesting a voluntary suspension from trading on the ASX in anticipation of an imminent announcement regarding a proposed capital raising. The Company aims to ensure that the market is well-informed about the upcoming capital raise and is provided with the opportunity to react appropriately. This strategic move reflects AML3D's commitment to maintaining transparency and facilitating informed decision-making among its stakeholders. As the voluntary suspension is expected to be in place until the release of further announcements related to the capital raise or the commencement of normal trading on 3 April 2024, investors and market participants are encouraged to stay updated on the Company's subsequent disclosures and the resumption of trading activities.