I’ll post this in this thread, as there is an unusually large authorization regarding the number of shares: a reminder that in a rights issue, the subscription price and the number of shares are ultimately irrelevant, as long as they are at a level that ensures the offering succeeds.
The only relevant pieces of information are the amount of capital to be raised and any potential commitments.
Let’s also add the observation that just a moment ago, the CFO moved from Nightingale to this company; they certainly weren’t looking for an easier job 