Spenda Limited (AU:SPX) has released an update.
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Spenda Limited has announced a proposed issuance of 100 million options, each with an exercise price of $0.0175, set to expire one year from the date of issuance. This move is aimed at enhancing capital through a strategic placement, signaling potential growth and investment opportunities. The securities are scheduled to be issued by November 29, 2024, subject to approval from the ASX.
For further insights into AU:SPX stock, check out TipRanks’ Stock Analysis page.