Smart Parking Limited ( (AU:SPZ) ) has shared an announcement.
Smart Parking Limited has successfully closed its Retail Entitlement Offer, raising approximately $5 million, contributing to a total of $45 million from its Equity Raising initiative. The funds were partly used to acquire Peak Parking, L.P., enhancing Smart Parking’s market position and expanding its operations in the United States.
More about Smart Parking Limited
Smart Parking Limited operates in the parking management industry, providing innovative parking solutions and services. The company focuses on leveraging technology to improve parking efficiency and customer experience.
YTD Price Performance: -8.16%
Average Trading Volume: 30
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €181.7M
For detailed information about SPZ stock, go to TipRanks’ Stock Analysis page.