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Sparc Technologies Launches Share Purchase Plan for Growth Initiatives

Story Highlights
  • Sparc Technologies offers a share purchase plan to eligible shareholders in Australia and New Zealand.
  • Funds will support ecosparc® trials, Sparc Hydrogen investment, R&D, and working capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Sparc Technologies Ltd ( (AU:SPN) ) has provided an announcement.

Sparc Technologies Ltd is offering a share purchase plan (SPP) to eligible shareholders in Australia and New Zealand, allowing them to purchase shares at A$0.15 each, with a maximum investment of A$30,000. The funds raised will be used for field trials and commercialization of ecosparc®, investment in Sparc Hydrogen, research and development, patenting activities, and general working capital, potentially impacting the company’s growth and market positioning.

More about Sparc Technologies Ltd

Average Trading Volume: 75,993

Technical Sentiment Signal: Sell

Current Market Cap: A$17.07M

For detailed information about SPN stock, go to TipRanks’ Stock Analysis page.

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