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Ava Risk Group Ltd. ( (AU:AVA) ) has shared an announcement.
Ava Risk Group Limited has announced a proposed issue of new securities comprising up to 4,020,000 convertible notes and 26,066,875 warrants, both with a conversion or exercise price of A$0.1234. The instruments, which include convertible notes with a 48-month maturity period (plus an additional 12-month option) and warrants expiring five years after issue, are to be issued via a placement or similar structure with a proposed issue date of 31 March 2026, signalling a significant capital-raising effort that could lead to future equity dilution but provides additional funding flexibility for the company’s strategic and operational needs.
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 operating in the security technology sector, providing risk management and protection solutions. It focuses on advanced security products and systems aimed at safeguarding critical infrastructure and high-value assets across various markets.
Average Trading Volume: 305,917
Technical Sentiment Signal: Sell
Current Market Cap: A$22.68M
For detailed information about AVA stock, go to TipRanks’ Stock Analysis page.