tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Adveritas Limited Completes $8.5 Million Capital Raise

Story Highlights
Adveritas Limited Completes $8.5 Million Capital Raise

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Adveritas Limited ( (AU:AV1) ).

Adveritas Limited has successfully raised $8.5 million through the issuance of 85,000,000 new fully paid ordinary shares at $0.10 each. This capital raise, announced earlier and now completed, allows the new shares to be traded immediately, enhancing the company’s financial position and potentially impacting its market strategy.

The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.

More about Adveritas Limited

Adveritas Limited operates in the technology industry, focusing on providing innovative solutions for digital advertising and marketing. The company is known for its software products that enhance online advertising efficiency and effectiveness, catering to a global market.

Average Trading Volume: 347,736

Technical Sentiment Signal: Buy

Current Market Cap: A$100.4M

See more data about AV1 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1