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Smart Parking Limited ( (AU:SPZ) ) has provided an update.
Smart Parking Limited has announced a proposed issue of up to 14,549,372 ordinary fully paid securities as part of an accelerated non-renounceable entitlement offer (ANREO). The initiative aims to enhance the company’s financial position, potentially impacting its market operations positively by increasing its capital base. This issuance is expected to offer strategic benefits to stakeholders, aligning with the company’s growth objectives and reinforcing its market presence.
More about Smart Parking Limited
Smart Parking Limited operates in the parking services industry, offering solutions and technologies aimed at improving the efficiency and management of parking facilities. The company focuses on providing innovative parking solutions to enhance user experience and streamline operations for parking lot operators.
YTD Price Performance: 8.00%
Average Trading Volume: 30
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €203.8M
See more insights into SPZ stock on TipRanks’ Stock Analysis page.