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Spenda Limited Announces Proposed Issue of 50 Million New Securities

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Spenda Limited Announces Proposed Issue of 50 Million New Securities

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An announcement from Spenda Limited ( (AU:SPX) ) is now available.

Spenda Limited has announced a proposed issue of 50 million new securities, with options priced at $0.01 each, set to expire on November 30, 2028. This move is part of a strategic placement aimed at enhancing the company’s financial flexibility and market positioning, potentially impacting its stakeholders by increasing available capital for growth and operational initiatives.

More about Spenda Limited

Spenda Limited operates in the financial technology industry, focusing on providing innovative payment solutions and financial services. The company is known for its digital platforms that streamline transactions and financial processes for businesses.

Technical Sentiment Signal: Sell

Current Market Cap: A$18.91M

See more data about SPX stock on TipRanks’ Stock Analysis page.

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