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Aspen Group Completes $4 Million Security Purchase Plan Amid Strong Demand

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Aspen Group Completes $4 Million Security Purchase Plan Amid Strong Demand

Elevate Your Investing Strategy:

Aspen Group Limited ( (AU:APZ) ) has issued an announcement.

Aspen Group Limited successfully completed its Security Purchase Plan (SPP), raising the maximum amount of $4 million with the issuance of approximately 1.38 million new securities. The plan received strong demand, leading to a scale-back in allocations to ensure equitable distribution among security holders. The new securities will be issued on June 17, 2025, and will commence trading the following day, ranking equally with existing securities and eligible for the upcoming distribution.

The most recent analyst rating on (AU:APZ) stock is a Buy with a A$2.48 price target. To see the full list of analyst forecasts on Aspen Group Limited stock, see the AU:APZ Stock Forecast page.

More about Aspen Group Limited

Aspen Group Limited operates in the property industry, focusing on property trust management and investment services. The company is involved in managing and developing a diverse portfolio of real estate assets.

Average Trading Volume: 342,572

Technical Sentiment Signal: Buy

Current Market Cap: A$846M

Find detailed analytics on APZ stock on TipRanks’ Stock Analysis page.

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