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The latest announcement is out from Parkd Ltd. ( (AU:PKD) ).
PARKD Ltd announced the completion of its Share Purchase Plan (SPP), which closed with applications totaling $290,000, surpassing the initial target of $120,000. The company decided to accept $220,000 in applications, issuing 7,333,334 new shares. This follows a successful $780,000 placement, reflecting strong shareholder support and indicating positive investor confidence. The funds raised will support PARKD’s operations and strategic initiatives, potentially strengthening its market position in the building solutions industry.
More about Parkd Ltd.
PARKD Ltd is an Australian technology-enabled building solutions company that specializes in prefabricated construction solutions. It operates as a building solutions consultant and general contractor, with a focus on its PARKD Car Park Structural System. This system is an innovative, lightweight, modular car parking solution that allows for adaptability and relocation based on parking demands.
Average Trading Volume: 374,884
Technical Sentiment Signal: Buy
Current Market Cap: A$3.98M
For a thorough assessment of PKD stock, go to TipRanks’ Stock Analysis page.