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Beforepay Group Expands with New Share Issuance

Story Highlights
  • Beforepay Group operates in financial services, offering lending and AI solutions.
  • Beforepay issued 397,615 shares, aligning with regulatory compliance and growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beforepay Group Expands with New Share Issuance

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Beforepay Group Limited ( (AU:B4P) ) just unveiled an announcement.

Beforepay Group Limited announced the issuance of 397,615 fully paid ordinary shares following the exercise of options, in compliance with the Corporations Act 2001. This strategic move reflects Beforepay’s adherence to regulatory standards and supports its operational expansion, potentially enhancing its market positioning and stakeholder value.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

More about Beforepay Group Limited

Beforepay Group Limited, founded in 2019, operates in the financial services industry, focusing on supporting working Australians underserved by traditional financial services. The company runs two business lines: Beforepay, a direct-to-consumer lending service, and Carrington Labs, which provides AI-powered loan portfolio recommendations and lending solutions. Beforepay has been recognized with awards for ethical consumer lending and AI-powered credit risk solutions.

Average Trading Volume: 76,616

Technical Sentiment Signal: Buy

Current Market Cap: A$102.8M

For an in-depth examination of B4P stock, go to TipRanks’ Overview page.

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