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An announcement from Halo Technologies Holdings Ltd ( (AU:HAL) ) is now available.
Halo Technologies Holdings Ltd announced an update on its Rights Issue, aiming to raise up to $11 million through a renounceable pro rata offer to eligible shareholders. The company disclosed that Lodge Corporate Pty Ltd, the partial underwriter, has secured a sub-underwriting agreement with Greenstar Investments DMCC for the entire underwriting commitment. This move could potentially strengthen Halo’s financial position and enhance its market operations, providing a strategic advantage in the competitive financial technology sector.
More about Halo Technologies Holdings Ltd
HALO Technologies Holdings Ltd 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 two main offerings: HALO Global, which is tailored for hands-on investors seeking professional-grade tools, and HALO Trading, which provides global trade execution and themed investment portfolios suitable for low-touch and values-based investors, including SMSFs.
Average Trading Volume: 62,348
Technical Sentiment Signal: Sell
See more insights into HAL stock on TipRanks’ Stock Analysis page.