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An update from Felix Group Holdings Ltd. ( (AU:FLX) ) is now available.
Felix Group Holdings Ltd has issued 24,545,455 fully paid ordinary shares under the first tranche of a two-part share placement at an issue price of $0.22 per share. This move is part of a broader strategy to strengthen its capital position, with the second tranche expected to be issued following shareholder approval in October 2025. The issuance is conducted under section 708A(5)(e) of the Corporations Act, and the company has confirmed compliance with relevant legal provisions, indicating no undisclosed information affecting the company’s operations.
More about Felix Group Holdings Ltd.
Felix Group Holdings Ltd operates a cloud-based enterprise Software as a Service (SaaS) procurement management platform and vendor marketplace. The company connects contractors and third-party vendors by digitizing, automating, and streamlining critical procurement-related business processes, thereby reducing supply chain risk and improving transparency and governance.
Average Trading Volume: 64,287
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$44.16M
See more data about FLX stock on TipRanks’ Stock Analysis page.