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Ava Risk Group Ltd. ( (AU:AVA) ) has provided an announcement.
Ava Risk Group Limited has notified the market of the issue of 2,979,184 unquoted convertible notes, each convertible at $0.1234 and maturing on 30 January 2030. The securities, which form part of a previously disclosed transaction and are not intended to be quoted on the ASX, represent a funding and capital structure move that may provide additional financial flexibility while potentially diluting equity over time if converted, with implications for existing shareholders and the company’s long-term financing strategy.
The most recent analyst rating on (AU:AVA) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Ava Risk Group Ltd. stock, see the AU:AVA Stock Forecast page.
More about Ava Risk Group Ltd.
Ava Risk Group Limited is an Australian-listed company (ASX: AVA) operating in the security and risk management sector, providing technology-driven solutions and services aimed at protecting critical assets and infrastructure for commercial and government customers.
Average Trading Volume: 343,882
Technical Sentiment Signal: Sell
Current Market Cap: A$20.67M
See more data about AVA stock on TipRanks’ Stock Analysis page.