SPACETALK Limited (AU:SPA) has released an update.
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SPACETALK LTD announces an entitlement offer to raise approximately $2.59 million, with shares priced at $0.024 each, including free-attaching options. Eligible shareholders have the chance to apply for additional shares under the Shortfall Offer, and the company is also offering a Placement Offer to sophisticated investors to potentially raise an additional $996,589. The offers are partially underwritten by Bell Potter Securities Limited.
For further insights into AU:SPA stock, check out TipRanks’ Stock Analysis page.