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Codeifai Confirms Compliance Following Major Share Placement

Story Highlights
  • Codeifai has issued over 153 million new shares to investors and its lead manager.
  • The company affirms full compliance with reporting rules and no undisclosed material information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Codeifai Confirms Compliance Following Major Share Placement

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The latest update is out from YPB Group Ltd. ( (AU:CDE) ).

Codeifai Limited has issued a total of 153,421,050 new shares, comprising 144,736,839 shares to sophisticated and professional investors and 8,684,211 shares to the lead manager of the placement, under provisions that allow issuance without a disclosure document. The company has confirmed it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, signalling regulatory compliance around the capital raising for existing and new shareholders.

The most recent analyst rating on (AU:CDE) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on YPB Group Ltd. stock, see the AU:CDE Stock Forecast page.

More about YPB Group Ltd.

Codeifai Limited (ASX: CDE) is an Australia‑listed company; however, the announcement does not provide details of its industry, core products, services, or specific market focus.

Average Trading Volume: 2,004,592

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.95M

Find detailed analytics on CDE stock on TipRanks’ Stock Analysis page.

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