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Dropsuite Acquired by NinjaOne, Plans ASX Delisting

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Dropsuite Acquired by NinjaOne, Plans ASX Delisting

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Dropsuite ( (AU:DSE) ) has shared an announcement.

Dropsuite Limited has successfully implemented a scheme of arrangement for the acquisition of all its issued shares by NinjaOne Australia Pty Ltd. As a result, Dropsuite shareholders received $5.90 per share, and the company’s board experienced significant changes with new appointments. Additionally, Dropsuite’s shares were suspended from trading on the ASX, and the company plans to delist from the official ASX list.

The most recent analyst rating on (AU:DSE) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Dropsuite stock, see the AU:DSE Stock Forecast page.

More about Dropsuite

Dropsuite is a cloud software platform that enables businesses to backup, recover, and protect their important business information. The company is known for its commitment to advanced, secure, and scalable cloud technologies, making it a preferred choice for leading IT Service Providers globally.

Average Trading Volume: 425,655

Technical Sentiment Signal: Buy

Current Market Cap: A$418.2M

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

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