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Findi Says Strategic Investment Deal Progressing as Shares Remain Suspended

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Findi Says Strategic Investment Deal Progressing as Shares Remain Suspended

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An update from Findi ( (AU:FND) ) is now available.

Findi Limited has told investors that negotiations over a strategic investment in the company are progressing positively, with documentation already executed for part of the transaction and a full market update expected before the end of the calendar year. The company’s securities will remain in suspension until the pending announcement is released to the ASX, underscoring the potential materiality of the investment deal for Findi’s capital structure and future strategic direction.

The most recent analyst rating on (AU:FND) stock is a Sell with a A$1.50 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 (ASX: FND) is an Australia-listed company, though the announcement does not specify its industry, products or services, nor any particular market focus.

YTD Price Performance: -65.43%

Average Trading Volume: 241,135

Technical Sentiment Signal: Sell

Current Market Cap: A$101M

For detailed information about FND stock, go to TipRanks’ Stock Analysis page.

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