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Gratifii Confirms Compliance as 2 Million New Shares Come Onto Market

Story Highlights
  • Gratifii converted nearly two million new fully paid ordinary shares under disclosure exemptions.
  • The company affirmed regulatory compliance and absence of undisclosed information for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gratifii Confirms Compliance as 2 Million New Shares Come Onto Market

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Gratifii Ltd ( (AU:GTI) ) has shared an announcement.

Gratifii Limited has notified the market of the conversion of 1,999,998 fully paid ordinary shares, issued without a prospectus under the Corporations Act’s disclosure exemptions. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information, signalling a routine capital management step with no undisclosed issues flagged for existing or potential investors.

The most recent analyst rating on (AU:GTI) stock is a Sell with a A$0.06 price target. To see the full list of analyst forecasts on Gratifii Ltd stock, see the AU:GTI Stock Forecast page.

More about Gratifii Ltd

Gratifii Limited (ASX: GTI) is an Australia-based, ASX-listed technology company focused on transforming how loyalty and rewards programs are managed and delivered. It offers a single, configurable platform providing end-to-end loyalty and rewards solutions to more than 60 major brands across Australia, New Zealand, Singapore and the UAE.

Average Trading Volume: 50,949

Technical Sentiment Signal: Sell

Current Market Cap: A$23.45M

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

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