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An announcement from RocketBoots Ltd. ( (AU:ROC) ) is now available.
RocketBoots Limited has issued 24 million fully paid ordinary shares as part of a previously announced A$7 million placement to new and existing shareholders, aimed at supporting the company’s international expansion plans. The company has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, confirming that the shares were issued without a prospectus, that it is compliant with its continuous disclosure and financial reporting obligations, and that there is no excluded information, thereby enabling secondary trading of the new shares without further disclosure and providing greater liquidity and flexibility for investors.
The most recent analyst rating on (AU:ROC) stock is a Hold with a A$0.38 price target. To see the full list of analyst forecasts on RocketBoots Ltd. stock, see the AU:ROC Stock Forecast page.
More about RocketBoots Ltd.
RocketBoots Limited is an Australian technology company that targets large retailers and banks, helping them operate extensive networks of stores and branches with lower operating costs and reduced loss while enhancing service, sales and customer loyalty. The company achieves this by transforming video data into performance improvements through artificial intelligence, cloud computing, simulation and advanced analytics, delivered via core AI-enabled software products for adaptive loss prevention, workforce and customer experience optimisation at in-person checkouts, and branch value optimisation in an increasingly digital-first environment.
Average Trading Volume: 643,699
Technical Sentiment Signal: Buy
Current Market Cap: A$63.11M
See more data about ROC stock on TipRanks’ Stock Analysis page.