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Parkd Ltd. ( (AU:PKD) ) has shared an update.
Parkd Ltd has notified the ASX of a proposed placement of up to 7,333,334 ordinary fully paid shares. The company has lodged an Appendix 3B outlining its intention to issue these new securities and apply for their quotation in line with ASX Listing Rules.
The proposed shares are expected to be issued on 20 April 2026, subject to ASX processes and requirements. This capital raising move will increase Parkd’s share base and is aimed at providing additional funding flexibility for its ongoing activities and future initiatives.
More about Parkd Ltd.
Parkd Ltd is an Australian-listed company trading on the ASX under the code PKD. It issues ordinary fully paid shares and operates within the regulated framework of the ASX Listing Rules, accessing equity capital markets through placements and other share issues to support its corporate and operational needs.
Average Trading Volume: 298,264
Technical Sentiment Signal: Sell
Current Market Cap: A$3.12M
For detailed information about PKD stock, go to TipRanks’ Stock Analysis page.