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This document outlines the pro rata entitlement offer by Naval Financial Services Group Limited, allowing shareholders to subscribe for 5.87 new shares for every existing share. The offer raises up to $10 million, opening on June 17, 2024, and closing on July 1, 2024.
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What is offer information statement?
An offer information statement is a document that provides detailed information about an offer made in connection with a securities transaction, allowing investors to make informed decisions.
Who is required to file offer information statement?
Companies that make offers of securities to the public or to a specific group of investors are required to file an offer information statement.
How to fill out offer information statement?
To fill out an offer information statement, provide detailed information about the offer, including terms and conditions, financial statements, use of proceeds, and risks involved, ensuring that all required sections are completed accurately.
What is the purpose of offer information statement?
The purpose of the offer information statement is to inform potential investors about the terms, conditions, and risks associated with the offer of securities, ensuring transparency and compliance with regulatory requirements.
What information must be reported on offer information statement?
The offer information statement must report the type of securities offered, the price, details about the issuer, any associated risks, financial information, and how the proceeds will be used.
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