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The latest announcement is out from Peppermint Innovation Limited ( (AU:PIL) ).
Peppermint Innovation Limited has lodged an Appendix 3B outlining a proposed placement involving the issue of up to 21,666,666 new fully paid ordinary shares. In conjunction with the equity issue, the company also plans to issue up to 21,666,666 options exercisable at $0.0045 per share on or before 30 January 2029.
The proposed securities, scheduled for issue on 23 February 2026, are intended to be quoted on the ASX subject to compliance with listing rules. This capital-raising move is likely aimed at strengthening the company’s balance sheet and funding future initiatives, potentially enhancing its market position and liquidity for existing and new shareholders.
The most recent analyst rating on (AU:PIL) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Peppermint Innovation Limited stock, see the AU:PIL Stock Forecast page.
More about Peppermint Innovation Limited
Peppermint Innovation Limited is an ASX-listed company operating under the ticker PIL. It is engaged in financial technology and related digital services, focusing on capital market activities to support its growth and operations.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.04M
Find detailed analytics on PIL stock on TipRanks’ Stock Analysis page.