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Fluence Issues 32 Million Unquoted Options Under Previously Announced Deal

Story Highlights
  • Fluence Corporation has issued 32 million unquoted options exercisable at A$0.054.
  • These long-dated options, not for ASX quotation, may affect future capital structure and dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fluence Issues 32 Million Unquoted Options Under Previously Announced Deal

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The latest update is out from Fluence Corporation Limited ( (AU:FLC) ).

Fluence Corporation Limited has notified the market of the issuance of 32 million unquoted options, exercisable at A$0.054 and expiring on 30 December 2032. The options, which stem from a previously announced transaction and are not intended to be quoted on the ASX, expand the company’s pool of equity-linked securities and may have future implications for capital structure and potential dilution for existing shareholders if exercised.

The most recent analyst rating on (AU:FLC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Fluence Corporation Limited stock, see the AU:FLC Stock Forecast page.

More about Fluence Corporation Limited

Average Trading Volume: 493,054

Technical Sentiment Signal: Buy

Current Market Cap: A$113M

For a thorough assessment of FLC stock, go to TipRanks’ Stock Analysis page.

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