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Food Revolution Group Ltd. ( (AU:SPG) ) has shared an announcement.
SPC Global Holdings has issued 29,022,280 fully paid ordinary shares at $0.10 per share to sophisticated and institutional investors as part of a placement announced earlier in May 2026. The issuance, conducted without a prospectus under Australian Corporations Act provisions, reinforces the company’s compliance as a disclosing entity and provides additional capital to support its multi-brand food and beverage growth strategy in Australia, Asia and global wellness markets.
The most recent analyst rating on (AU:SPG) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Food Revolution Group Ltd. stock, see the AU:SPG Stock Forecast page.
More about Food Revolution Group Ltd.
SPC Global Holdings Limited, listed on the ASX as SPG, operates a portfolio of food and beverage businesses including SPC, The Original Beverage Co, Nature One and Natural Ingredients. The group focuses on nourishment and wellness products spanning packaged fruit and tomatoes, baked beans and spaghetti, ready-made meals, beverages, juice shots, powdered milk and produce for the food service industry, with operations across Australia and Asia and ambitions for domestic and international growth.
Average Trading Volume: 149,567
Technical Sentiment Signal: Sell
Current Market Cap: A$133.9M
For an in-depth examination of SPG stock, go to TipRanks’ Overview page.