Beforepay Group Limited ( (AU:B4P) ) has issued an announcement.
Beforepay Group Limited announced the issuance of 7,190 fully paid ordinary shares upon the exercise of options, in compliance with the Corporations Act 2001. The issuance was conducted without disclosure to investors under Part 6D.2 of the Act, and the company confirmed adherence to relevant legal provisions, indicating transparency and regulatory compliance. This move may enhance Beforepay’s market position and stakeholder confidence.
More about Beforepay Group Limited
Beforepay Group Limited, founded in 2019, operates in the financial services industry with a focus on ethical lending. It provides direct-to-consumer lending services and AI-powered loan portfolio solutions through its business lines Beforepay and Carrington Labs. The company has been recognized for its innovative and ethical approach, winning awards such as the Best Ethical-Lending FinTech and Most Innovative Ethical Lender of the Year in 2024.
YTD Price Performance: -28.12%
Average Trading Volume: 52,011
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$56.42M
For detailed information about B4P stock, go to TipRanks’ Stock Analysis page.