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Simble Solutions Ltd. ( (AU:SIS) ) has shared an announcement.
Simble Solutions Limited has announced plans to issue up to 40 million new securities, comprising 30 million fully paid ordinary shares and 10 million options converting to shares, via a placement or similar capital-raising mechanism, with a proposed issue date of 16 March 2026. The transaction will expand the company’s capital base and may provide additional funding flexibility for its operations and strategic initiatives, with potential dilution for existing shareholders depending on final pricing and allocation.
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
Learn more about SIS stock on TipRanks’ Stock Analysis page.