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FirstWave Cloud Technology ( (AU:FCT) ) has shared an announcement.
FirstWave Cloud Technology Limited has applied to the ASX for quotation of 120 million new fully paid ordinary shares, with an issue date of 31 December 2025. The large share issuance, disclosed via an Appendix 2A filing, represents a significant capital move that may affect the company’s share structure and liquidity, potentially supporting future operational or strategic initiatives and altering the holdings of existing shareholders.
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 Australian-listed company in the cloud-based cybersecurity and network services sector, providing managed security solutions to enterprises and service providers via its cloud platform. The company focuses on delivering scalable security-as-a-service offerings to customers through telecommunications and IT partners, targeting organisations seeking to protect their networks and data in a cost-efficient, subscription-based model.
Average Trading Volume: 5,200,371
Technical Sentiment Signal: Sell
Current Market Cap: A$14.01M
Find detailed analytics on FCT stock on TipRanks’ Stock Analysis page.