Looks like they're going for full ownership - 100%
"(We will) conduct a fully underwritten capital raising of $5million at 40 cents per share (equivalent to a price of 2 cents on a pre-consolidation basis)lead by Forrest Capital and KTM Capital Pty Ltd,with the ability to accept over - subscriptions of an additional $1 million, resulting in the issue of up to 15,000,000 new shares in the Company; and change the Company’s name to Cynata Therapeutics Limited"
ECQ Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held