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Simpple Ltd. Announces Share Consolidation

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Simpple Ltd. Announces Share Consolidation

Confident Investing Starts Here:

Simpple Ltd. ( (SPPL) ) has shared an update.

Simpple Ltd. held an extraordinary general meeting on December 9, 2024, where shareholders approved a consolidation of shares. This consolidation, effective from December 13, 2024, reduced the number of issued ordinary shares from 18,625,961 to 2,328,246 and authorized shares from 481,374,039 to 60,171,754. The share consolidation will be reflected in the Nasdaq Capital Market on April 7, 2025, reducing the outstanding shares from 28,318,367 to 3,539,783. The company’s shares will continue trading under the symbol ‘SPPL’.

More about Simpple Ltd.

YTD Price Performance: -54.26%

Average Trading Volume: 601,714

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.13M

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

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