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FirstWave Cloud Technology ( (AU:FCT) ) just unveiled an announcement.
FirstWave Cloud Technology has issued 185,683,352 fully paid ordinary shares without disclosure to investors, in compliance with relevant sections of the Corporations Act. Additionally, the company is in the process of finalizing a $2.5 million loan facility with a global credit investor, though terms are not yet finalized and there is no certainty the transaction will proceed as currently contemplated.
More about FirstWave Cloud Technology
FirstWave Cloud Technology is a global software company established in 2004, specializing in enterprise-grade network management, automation, audit, and cybersecurity software. The company serves approximately 150,000 organizations across 178 countries, with notable clients including Microsoft, Telmex, Telstra, Claro, and NASA.
Average Trading Volume: 777,577
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$18.85M
Find detailed analytics on FCT stock on TipRanks’ Stock Analysis page.