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Harvest Technology Cancels Planned Issue of 33.4 Million Shares

Story Highlights
  • Harvest Technology Group will not proceed with issuing 33.4 million previously proposed shares.
  • Only 870,191 shares were ultimately issued, reducing expected capital raised and shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Technology Cancels Planned Issue of 33.4 Million Shares

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Harvest Technology Group Ltd. ( (AU:HTG) ) just unveiled an update.

Harvest Technology Group Ltd has updated the market to advise that a previously proposed issue of 33,433,219 fully paid ordinary shares, approved by shareholders at the 28 November 2025 AGM and disclosed in an Appendix 3B on 28 October 2025, will not proceed because the shares were not issued within one month of the approval. The company confirmed that only 870,191 shares were actually issued, as detailed in an Appendix 2A lodged on 1 December 2025, meaning the company’s capital base will be significantly smaller than originally anticipated under the earlier proposal, with implications for both its immediate funding expectations and shareholder dilution levels.

The most recent analyst rating on (AU:HTG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Harvest Technology Group Ltd. stock, see the AU:HTG Stock Forecast page.

More about Harvest Technology Group Ltd.

Harvest Technology Group Ltd is an Australian-listed company (ASX code: HTG) operating in the technology sector, with its capital structure comprising fully paid ordinary shares traded on the ASX. The company raises funds and manages ownership through share placements and other equity issues in line with ASX Listing Rules.

Average Trading Volume: 1,071,312

Technical Sentiment Signal: Hold

Current Market Cap: A$16.4M

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

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