SPACETALK Limited (AU:SPA) has released an update.
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Spacetalk Ltd has requested a trading halt on its shares ahead of an announcement concerning the results of its institutional component of an accelerated entitlement offer. The halt will last until the earlier of the release of the announcement or the start of normal trading on Wednesday, 18 September 2024. This strategic move is aimed at managing the market’s reaction to its forthcoming capital raise details.
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