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RocketBoots Ltd. ( (AU:ROC) ) has shared an update.
RocketBoots Limited has made a minor adjustment to its previously announced equity placement, increasing the total offer by 100,000 shares to 28.1 million new fully paid ordinary shares at A$0.25 each, lifting the gross proceeds to approximately A$7.025 million. The additional shares will be issued under the company’s existing placement capacity on the ASX, with the new stock ranking equally with existing shares, and a director still slated to participate in the raise subject to shareholder approval; the company confirmed there is no material change to the intended use of funds or other terms of the placement, signalling continuity in its capital-raising plans to support its international expansion strategy.
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 develops AI-powered software solutions for large retailers and banks, focused on reducing operational costs and loss while improving service, sales and customer loyalty across extensive store and branch networks. Leveraging edge AI, cloud computing, simulation and advanced analytics, its key products include Adaptive Loss Prevention for Retail, which targets shrinkage and self-checkout losses, and Branch Value Optimisation, which enhances hybrid branch–digital operations, lowers operating costs and addresses service bottlenecks impacting customer experience.
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.