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An announcement from Simble Solutions Ltd. ( (AU:SIS) ) is now available.
Simble Solutions Ltd., listed on the ASX under the code SIS, has announced a proposed placement of up to 600 million new fully paid ordinary shares, with an expected issue date of 16 March 2026. The substantial capital raising, detailed in its Appendix 3B filing, signals an intention to significantly expand its equity base, with potential implications for existing shareholder dilution and for the company’s future funding capacity and strategic initiatives, though specific uses of proceeds were not disclosed in the notice.
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.