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The latest announcement is out from SPACETALK Limited ( (AU:SPA) ).
Spacetalk Limited has issued 15,694,712 fully paid ordinary shares at $0.06 each, using provisions that allow the placement without a disclosure document under the Corporations Act. The company confirms it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information, signalling regulatory compliance around the new share issuance.
The share issue expands Spacetalk’s capital base, potentially providing additional funding capacity for its safety-focused wearable and software ecosystem. For investors, the cleansing notice ensures that the new shares can be traded on-market without further disclosure, reinforcing transparency and facilitating liquidity in the company’s securities.
The most recent analyst rating on (AU:SPA) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on SPACETALK Limited stock, see the AU:SPA Stock Forecast page.
More about SPACETALK Limited
Spacetalk Limited is an ASX-listed company that develops and sells hardware and software focused on personal safety across life stages. Its ecosystem includes Australia’s best-selling kids’ smart watches, a mobile service, an accompanying app, and adult wearables, targeting families seeking connectivity and peace of mind.
Average Trading Volume: 279,860
Technical Sentiment Signal: Sell
Current Market Cap: A$6.39M
For an in-depth examination of SPA stock, go to TipRanks’ Overview page.