Dropsuite ( (AU:DSE) ) just unveiled an update.
Dropsuite Limited announced that Topline Capital Partners LP currently holds approximately 7.36 million shares, representing about 10.47% of Dropsuite’s issued capital. This marks a decrease from their previous holding of 13,829,409 shares, which was about 19.7% of the issued capital. Despite the reduction, Topline Capital remains supportive of Dropsuite’s proposed transaction with NinjaOne, indicating continued confidence in the company’s strategic direction.
More about Dropsuite
Dropsuite is a global provider of cloud backup and archiving software, enabling businesses to easily backup, recover, and protect their important business information. The company is committed to advanced, secure, and scalable cloud technologies, making it a preferred choice for leading IT Service Providers worldwide.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $255.4M
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