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An announcement from Spenda Limited ( (AU:SPX) ) is now available.
Spenda Limited announced a proposed issuance of 20 million options with an exercise price of $0.0175, set to expire on August 19, 2028. This move is part of a placement or other type of issue, potentially impacting the company’s financial strategy and market positioning by enhancing its capital structure and providing additional resources for growth.
More about Spenda Limited
Spenda Limited operates in the technology industry, focusing on providing financial and business management solutions. The company is involved in developing and offering digital payment and invoicing services, catering primarily to businesses seeking efficient financial transaction processing and management.
Technical Sentiment Signal: Sell
Current Market Cap: A$36.92M
For an in-depth examination of SPX stock, go to TipRanks’ Overview page.