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Ondo InsurTech Plc ( (GB:ONDO) ) has issued an announcement.
Ondo InsurTech Plc announced an update on its Shares in Issue and Total Voting Rights, following the issuance of 3,530,000 new ordinary shares in July 2025 due to warrant exercises. This update brings the company’s total issued share capital to 138,379,292 ordinary shares, each carrying one vote, which shareholders can use for transparency calculations as per FCA rules.
Spark’s Take on GB:ONDO Stock
According to Spark, TipRanks’ AI Analyst, GB:ONDO is a Neutral.
Ondo InsurTech Plc’s overall score reflects significant financial challenges, including negative profitability and high leverage. Despite revenue growth and positive corporate events, technical indicators and valuation uncertainty weigh on the stock’s outlook.
To see Spark’s full report on GB:ONDO stock, click here.
More about Ondo InsurTech Plc
Ondo InsurTech Plc operates in the claims prevention technology sector, focusing on providing innovative solutions for home insurers. The company is recognized for its efforts in enhancing the efficiency and effectiveness of insurance claims processes.
Average Trading Volume: 675,688
Technical Sentiment Signal: Buy
Current Market Cap: £36.28M
Find detailed analytics on ONDO stock on TipRanks’ Stock Analysis page.