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Evolve Education Group Ltd ( (AU:EVO) ) has provided an announcement.
Embark Early Education Limited has issued 20 million fully paid ordinary shares to sophisticated and professional investors, expanding its capital base without a full disclosure document under Australian corporations law. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated that there is no excluded information requiring disclosure, positioning the new shares to trade freely on the ASX and signalling routine capital management rather than a response to undisclosed events.
The most recent analyst rating on (AU:EVO) stock is a Buy with a A$1.09 price target. To see the full list of analyst forecasts on Evolve Education Group Ltd stock, see the AU:EVO Stock Forecast page.
More about Evolve Education Group Ltd
Embark Early Education Limited (ASX:EVO) operates in the early childhood education sector, providing early learning and childcare services. The company focuses on delivering education and care to young children through its network of centres in Australia, targeting families seeking quality early education offerings.
Average Trading Volume: 420,890
Technical Sentiment Signal: Sell
Current Market Cap: A$111.9M
For detailed information about EVO stock, go to TipRanks’ Stock Analysis page.