Propanc Biopharma Reports Nasdaq Uplisting and $4 Million Public Offering
Reuters
Nov 17, 2025
<a href="https://laohu8.com/S/PPCB">Propanc Biopharma</a> Reports Nasdaq Uplisting and $4 Million Public Offering
Propanc Biopharma Inc. announced its corporate update and financial results for the first quarter ended September 30, 2025. The company reported total current assets of $17 million and a reduction in total current liabilities by $2 million. Net cash from financing activities was $2.53 million, with quarter-end cash standing at $600,000. An initial $1 million tranche was received from a new $100 million private placement facility. Propanc completed a public offering of 1,000,000 shares at $4.00 per share, raising gross proceeds of $4 million, and began trading on the Nasdaq Capital Market on August 15. The company is advancing its lead candidate, PRP, toward a Phase 1b clinical trial scheduled for 2026 and is progressing the Rec-PRP synthetic program.
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. Propanc Biopharma Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9576884-en) on November 17, 2025, and is solely responsible for the information contained therein.
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