BUZZ-Australia's Tryptamine Therapeutic falls on discounted placement

Reuters

2025/11/05

** Tryptamine Therapeutic TYP.AX falls 2.6% to A$0.037; on track for steepest intraday pct decline since October 27

** Biotechnology co to raise A$6.1 million (~$4 million) at A$0.034/share

** Issue price represents 10.5% discount to last close on October 31, when trading was halted pending capital raise

** Stock sees busiest session since October 2024, with ~15.6 mln shares traded - 6.6x the 30-day average

** YTD, TYP falls 2.6%

($1 = A$1.5389)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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