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Scout Security Ltd. ( (AU:SCT) ) has provided an update.
Scout Security Limited has secured strong shareholder backing at its extraordinary general meeting for key capital and acquisition initiatives, with all four resolutions passed by overwhelming poll majorities. Investors approved the issue of securities to complete the acquisition of Roo, as well as new and ratified placement securities from September and October, moves that collectively strengthen the company’s balance sheet and provide funding flexibility for its growth plans, signalling solid investor confidence in management’s strategic direction.
More about Scout Security Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.63M
See more data about SCT stock on TipRanks’ Stock Analysis page.