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Spenda Issues 375,000 Unquoted Convertible Notes to Bolster Funding

Story Highlights
  • Spenda Limited has issued 375,000 unquoted convertible notes under code SPXAG.
  • The convertible note issue enhances Spenda’s funding flexibility and may lead to future equity dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spenda Issues 375,000 Unquoted Convertible Notes to Bolster Funding

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The latest announcement is out from Spenda Limited ( (AU:SPX) ).

Spenda Limited has notified the market of the issue of 375,000 unquoted convertible notes, designated under the ASX security code SPXAG, with an issue date of 22 December 2025. This capital-raising move via convertible notes provides the company with additional funding flexibility and may, over time, lead to equity dilution if the notes are converted, signalling ongoing efforts to support its growth initiatives and strengthen its financial position.

The most recent analyst rating on (AU:SPX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.

More about Spenda Limited

Spenda Limited, listed on the ASX under the code SPX, operates in the financial technology and payments sector, providing digital transaction and business services solutions. The company focuses on improving transaction efficiency and working capital management for businesses through software-driven payment and lending products.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.55M

Learn more about SPX stock on TipRanks’ Stock Analysis page.

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