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An announcement from Simble Solutions Ltd. ( (AU:SIS) ) is now available.
Simble Solutions Limited has issued 940 million fully paid ordinary shares and lodged a cleansing notice under Section 708A(5)(e) of the Corporations Act, confirming the shares were issued without a prospectus and that the company remains compliant with its financial reporting and continuous disclosure obligations. The company also stated that there is no excluded information relevant to these securities, signalling to the market that the large share issuance is being conducted within the existing regulatory framework and without undisclosed material risks.
The move comes as Simble continues to build its position as a global sustainability solutions provider, offering Net Zero carbon reporting tools, energy monitoring SaaS products and advisory services to commercial, industrial and SME clients. With its CarbonView and SimbleSense platforms and operations spanning Australia, the U.K. and Vietnam, the capital management activity is likely aimed at supporting growth in demand for carbon reduction and energy intelligence solutions across its international markets.
More about Simble Solutions Ltd.
Simble Solutions Limited is a global sustainability solutions group providing software and consulting focused on Net Zero carbon reporting, energy monitoring and intelligence. Its main platforms are CarbonView, an enterprise-grade carbon and sustainability reporting system, and SimbleSense, a hardware-integrated, real-time energy management solution aimed at reducing energy costs for business customers worldwide.
The company serves commercial and industrial clients as well as small to medium-sized enterprises, selling directly via B2B channels and through multiple partners. Simble maintains an international footprint with offices in Australia, the United Kingdom and Vietnam, positioning it to address growing global demand for carbon reduction and energy efficiency technologies.
Current Market Cap: A$7.6M
Find detailed analytics on SIS stock on TipRanks’ Stock Analysis page.