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Findi ( (AU:FND) ) has provided an update.
Findi Limited has notified the ASX of a proposed capital raising via a placement and related securities issue. The company plans to issue up to 35,714,286 new fully paid ordinary shares, alongside two new classes of options: 2,000,000 options exercisable at $0.90 expiring on 26 February 2029 and 1,000,000 options exercisable at $1.20 expiring on 25 April 2029.
The proposed issue date for these securities is 13 March 2026, subject to ASX processes and applicable listing rules. This capital raising will expand Findi’s share base and introduce new option classes, potentially providing additional funding flexibility and influencing future shareholder dilution and trading dynamics once the securities are quoted and issued.
The most recent analyst rating on (AU:FND) stock is a Sell with a A$0.66 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.
More about Findi
Findi Limited is an ASX-listed company (code FND). The filing does not specify its industry, products or services, instead focusing solely on capital markets activity and proposed securities issuance.
Average Trading Volume: 417,429
Technical Sentiment Signal: Sell
Current Market Cap: A$52.68M
See more insights into FND stock on TipRanks’ Stock Analysis page.