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FirstWave Cloud Technology ( (AU:FCT) ) has issued an update.
FirstWave Cloud Technology has disclosed that share appreciation rights granted to three directors following shareholder approval at its 2025 annual general meeting were notified to the market later than required due to an administrative error. While emphasising that the securities were issued on time and in compliance with requirements, the company characterised the late lodgement of director interest change notices and the related appendix filing as an isolated incident, and stated that its existing governance practices remain adequate to ensure future adherence to ASX listing rules, while noting shareholder support for the directors at the AGM.
The most recent analyst rating on (AU:FCT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on FirstWave Cloud Technology stock, see the AU:FCT Stock Forecast page.
More about FirstWave Cloud Technology
FirstWave Cloud Technology Limited is an Australia-headquartered global software company that provides AI-driven compliance management, network monitoring, automation and cybersecurity software. Its platforms are used by more than 150,000 organisations in 178 countries, serving major enterprise and service provider clients including Microsoft, Telmex, Telstra, John Deere, the U.S. Army & Air Force, Claro, Raytheon, Macquarie Cloud Services and NASA.
Average Trading Volume: 2,712,600
Technical Sentiment Signal: Sell
Current Market Cap: A$12.73M
For an in-depth examination of FCT stock, go to TipRanks’ Overview page.