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Candy Club Holdings Ltd. ( (AU:SCP) ) has shared an update.
Scalare Partners Holdings Limited, a company listed on the ASX, has announced the issuance of 12,500,000 new fully paid ordinary shares as part of the acquisition of Tank Stream Labs. Additionally, the company has issued 16,782,977 new shares through a private placement and 757,067 shares under a Share Purchase Plan, all priced at $0.12 per share. This strategic move is aimed at enhancing Scalare’s market position and operational capabilities, with the new shares being used to settle the Tank Stream Labs transaction, indicating a significant expansion effort.
More about Candy Club Holdings Ltd.
Average Trading Volume: 86,605
Technical Sentiment Signal: Sell
Current Market Cap: A$12.22M
For an in-depth examination of SCP stock, go to TipRanks’ Overview page.