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Future Machine Limited Announces Delay in Rights Issue Prospectus Dispatch

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Future Machine Limited Announces Delay in Rights Issue Prospectus Dispatch

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Sprocomm Intelligence Limited ( (HK:1401) ) has provided an update.

Future Machine Limited, formerly known as Sprocomm Intelligence Limited, has announced a further delay in the dispatch of its prospectus related to a proposed Rights Issue. The Rights Issue, which offers one Rights Share for every two existing shares on a non-underwritten basis, has had its timetable revised, with the prospectus now expected to be dispatched by September 12, 2025. This delay may impact the company’s operations and shareholder engagement as the timeline for the Rights Issue and related events has been adjusted.

The most recent analyst rating on (HK:1401) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sprocomm Intelligence Limited stock, see the HK:1401 Stock Forecast page.

More about Sprocomm Intelligence Limited

Average Trading Volume: 4,934,311

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.54B

See more data about 1401 stock on TipRanks’ Stock Analysis page.

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