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Halo Technologies Holdings Ltd ( (AU:HAL) ) has provided an announcement.
Halo Technologies Holdings Limited has successfully concluded its Rights Issue, raising approximately $3.92 million through the issuance of new shares. The funds will be used to replenish cash reserves following a recent acquisition, support local and UK business growth, and facilitate further international expansion. The new shares are set to commence trading on the ASX on September 30, 2025. This financial maneuver is expected to bolster Halo’s market position and support its strategic growth initiatives.
More about Halo Technologies Holdings Ltd
HALO Technologies Holdings Limited is a company that provides an online global equities research and trade execution software solution. It offers sophisticated institutional-grade analytical frameworks and market insights to everyday investors through its two integrated offerings: HALO Global, for hands-on investors seeking professional-grade tools, and HALO Trading, which provides global trade execution and themed investment portfolios for low-touch and values-based investors and SMSFs.
Average Trading Volume: 73,107
Technical Sentiment Signal: Sell
For detailed information about HAL stock, go to TipRanks’ Stock Analysis page.