BUZZ-Australia's Terragen Holdings rises on premium equity raising

Reuters

Feb 06

** Shares of Terragen Holdings TGH.AX rise as much as 23.8% to A$0.026, their highest level since December 18, 2025

** Set for best session since November 17, 2025

** The agricultural biological co receives binding commitments for a A$7.0 million ($4.85 million) equity raising

** Issue price of A$0.022 per share represents a premium of 4.8% to the stock's last close

** Proceeds of the equity raising will be used to fund scientific research and development, others

** Stock is up 13% YTD

($1 = 1.4428 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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