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An announcement from Credit Clear Limited ( (AU:CCR) ) is now available.
Credit Clear Limited has issued 8,227,805 fully paid ordinary shares at a deemed price of $0.269 per share to the vendors of ARC Europe Ltd as part of the agreed consideration for its previously announced acquisition of ARC. The company confirmed that these shares were issued without a prospectus in reliance on statutory disclosure exemptions, and stated that it remains compliant with its continuous disclosure and financial reporting obligations, with no excluded information requiring disclosure, thereby supporting regulatory transparency around the ARC transaction and its impact on the company’s capital structure.
The most recent analyst rating on (AU:CCR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.
More about Credit Clear Limited
Credit Clear Limited (ASX: CCR) is an Australian-listed company operating in the financial technology and receivables management space, providing digital payment and collections solutions to clients seeking to improve debt recovery and customer engagement.
Average Trading Volume: 429,130
Technical Sentiment Signal: Sell
Current Market Cap: A$128.3M
Find detailed analytics on CCR stock on TipRanks’ Stock Analysis page.