Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Evolve Education Group Ltd ( (AU:EVO) ) just unveiled an update.
Embark Early Education Limited has announced a proposed placement of up to 60,895,614 new fully paid ordinary shares, with an expected issue date of 19 March 2026. The capital raising, detailed in its Appendix 3B filing, signals a move to bolster the company’s funding base, which may support future growth initiatives or balance sheet flexibility and could lead to dilution for existing shareholders depending on the final pricing and allocation.
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, listed on the ASX under the code EVO, operates in the early childhood education sector, focusing on providing early learning and childcare services. The company targets families seeking quality early education offerings across its network of centres.
Average Trading Volume: 417,131
Technical Sentiment Signal: Sell
Current Market Cap: A$126.2M
Learn more about EVO stock on TipRanks’ Stock Analysis page.