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Norwood Systems Ltd ( (AU:NOR) ) has shared an update.
Norwood Systems Limited has notified the ASX of the intended issue of 25 million unquoted options, each exercisable at $0.03 and expiring on 1 December 2028. The new options, to be issued on 24 December 2025, represent a significant additional potential equity pool for the company and may be used for purposes such as incentivising staff or raising future capital, which could impact existing shareholders through possible future dilution and support the company’s longer-term funding and growth plans.
The most recent analyst rating on (AU:NOR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Norwood Systems Ltd stock, see the AU:NOR Stock Forecast page.
More about Norwood Systems Ltd
Average Trading Volume: 580,304
Technical Sentiment Signal: Sell
Current Market Cap: A$7.36M
See more insights into NOR stock on TipRanks’ Stock Analysis page.