Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) just unveiled an announcement.
AUCYBER Limited has announced a proposed issue of securities, with a total of 45,816,067 ordinary fully paid shares to be issued as part of a standard pro rata issue. This move, scheduled to have its offer closing on April 8, 2025, and issue date on April 15, 2025, signifies the company’s efforts to raise capital, potentially impacting its market positioning and providing opportunities for stakeholders to participate in the company’s growth.
More about Sovereign Cloud Holdings Ltd.
YTD Price Performance: -50.67%
Average Trading Volume: 2,193,611
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$12.1M
Learn more about CYB stock on TipRanks’ Stock Analysis page.