tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fatfish Group Plans Convertible Note Issue to Raise New Capital

Story Highlights
Fatfish Group Plans Convertible Note Issue to Raise New Capital

Claim 70% Off TipRanks Premium

The latest announcement is out from Fatfish Group ( (AU:FFG) ).

Fatfish Group Limited has lodged an Appendix 3B with the ASX outlining a proposed placement involving the issue of up to 5,812,950 convertible notes, each with a face value of A$1.00, under a new class of securities. The issue, expected to take place on 2 March 2026, is intended to provide fresh capital via convertible debt, potentially strengthening the company’s balance sheet, supporting ongoing operations or growth initiatives, and altering its capital structure through future equity conversion, with implications for existing shareholders’ dilution and the company’s financial flexibility.

The most recent analyst rating on (AU:FFG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fatfish Group stock, see the AU:FFG Stock Forecast page.

More about Fatfish Group

Fatfish Group Limited, listed on the ASX under the code FFG, operates as a diversified investment and technology group, with activities typically spanning digital businesses and emerging technology ventures in various markets.

Average Trading Volume: 1,273,592

Technical Sentiment Signal: Sell

Current Market Cap: A$10.88M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1