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Simble Solutions Plans Issue of 150 Million Options to Raise Capital

Story Highlights
  • Simble Solutions will issue up to 150 million options converting into ordinary shares.
  • The options placement aims to strengthen the company’s capital base, with potential shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Simble Solutions Plans Issue of 150 Million Options to Raise Capital

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Simble Solutions Ltd. ( (AU:SIS) ) has shared an announcement.

Simble Solutions Limited has announced plans to issue up to 150 million options that convert into ordinary shares, with a proposed issue date of 26 March 2026. The options will be issued via a placement or similar capital-raising mechanism, signalling the company’s intent to bolster its funding base, which may lead to shareholder dilution but provides additional financial flexibility to support future corporate initiatives.

The most recent analyst rating on (AU:SIS) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Simble Solutions Ltd. stock, see the AU:SIS Stock Forecast page.

More about Simble Solutions Ltd.

Current Market Cap: A$5.39M

Find detailed analytics on SIS stock on TipRanks’ Stock Analysis page.

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