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ReadyTech Issues Shares for Open Windows Acquisition

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ReadyTech Issues Shares for Open Windows Acquisition

Elevate Your Investing Strategy:

ReadyTech Holdings Ltd. ( (AU:RDY) ) has issued an update.

ReadyTech Holdings Ltd. has issued 1,424,032 fully paid ordinary shares to the vendors of Open Windows as part of the deferred consideration for an acquisition completed in December 2021. This issuance, conducted without disclosure under Part 6D.2 of the Corporations Act 2001, signifies ReadyTech’s ongoing compliance with relevant legal provisions, reinforcing its strategic growth and positioning in the SaaS industry.

The most recent analyst rating on (AU:RDY) stock is a Buy with a A$3.80 price target. To see the full list of analyst forecasts on ReadyTech Holdings Ltd. stock, see the AU:RDY Stock Forecast page.

More about ReadyTech Holdings Ltd.

ReadyTech is a leading provider of mission-critical SaaS solutions catering to the education, employment services, workforce management, government, and justice sectors. The company specializes in people management systems, offering technology that aids in managing students, apprentices, payroll, employment services, and community engagement.

Average Trading Volume: 49,692

Technical Sentiment Signal: Sell

Current Market Cap: A$283.4M

For detailed information about RDY stock, go to TipRanks’ Stock Analysis page.

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