The company announced the fully underwritten accelerated non-renounceable
pro-rata entitlement offer on Wednesday. New shares issued under the offer will be priced at $0.33 per share, which represents a 9.6% discount to the theoretical ex rights price, a 13% discount to the five-day volume weighted average price, and a 10.8% discount to the closing price of Horizon’s ordinary shares on the Australian Securities Exchange on 30 July.
Horizon
