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Candy Club Holdings Ltd. ( (AU:SCP) ) has shared an announcement.
Scalare Partners Holdings Limited, listed on the ASX under the ticker SCP, has requested a trading halt on its securities pending an announcement related to a capital raising initiative. This move is aimed at funding a corporate acquisition, general working capital, and the costs associated with the offer. The trading halt is expected to last until the announcement is made or until normal trading resumes on 16 July 2025. The capital raising is considered material to the company, indicating its significance in supporting Scalare Partners’ strategic objectives.
More about Candy Club Holdings Ltd.
Average Trading Volume: 40,673
Technical Sentiment Signal: Sell
Current Market Cap: A$16.67M
For an in-depth examination of SCP stock, go to TipRanks’ Overview page.