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Simble Solutions Plans Major Share and Option Issue to Raise Capital

Story Highlights
  • Simble Solutions will issue up to 500 million new shares and 166.7 million options.
  • The large placement will expand the share base and provide capital but may dilute holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Simble Solutions Plans Major Share and Option Issue to Raise Capital

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The latest announcement is out from Simble Solutions Ltd. ( (AU:SIS) ).

Simble Solutions Ltd., listed on the ASX under the code SIS, has announced a proposed capital raising through the issue of up to 500 million fully paid ordinary shares and 166.7 million options converting to ordinary shares, with a planned issue date of 16 March 2026. The sizable placement underscores a significant funding initiative that could materially expand the company’s share base, with implications for existing shareholder dilution and providing additional capital to support Simble’s future corporate and operational objectives.

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

For detailed information about SIS stock, go to TipRanks’ Stock Analysis page.

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