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Sparc Technologies Ltd ( (AU:SPN) ) has issued an announcement.
Sparc Technologies Limited has announced the issuance of 14,266,665 fully paid ordinary shares at $0.15 each as part of the first tranche of a two-tranche placement. This move is in compliance with the Corporations Act 2001, and the company has confirmed that there is no excluded information requiring disclosure. This announcement serves as a cleansing notice for the company’s share purchase plan, indicating a strategic step in their capital raising efforts.
More about Sparc Technologies Ltd
Average Trading Volume: 77,248
Technical Sentiment Signal: Buy
Current Market Cap: A$15.34M
Learn more about SPN stock on TipRanks’ Stock Analysis page.