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ASIC roundup: A$5m penalty for breaching continuous disclosure obligations

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

Martina Lindberg

1 min read
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The Australian Securities & Investments Commission’s latest actions and news, August 5 – 9, 2024.

Revoked stop order on Rhinomed Limited Prospectus – August 7, 2024

The previous interim stop order on an entitlement offer by Rhinomed Limited has now been removed due to lodging a new prospectus that addressed ASIC’s concerns.

Court updates

A$5m penalty for Noumi over continuous disclosure obligations failures – August 5, 2024

Noumi Limited

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