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Spenda Limited ( (AU:SPX) ) has shared an update.
Spenda Limited announced the release of 264,462,810 ordinary shares from voluntary escrow on 20 September 2025, which were initially issued for the acquisition of Limepay Pty Ltd in 2024. This release could impact the company’s stock liquidity and market perception, potentially affecting stakeholders and investors as it reflects on the company’s strategic acquisition and integration efforts.
More about Spenda Limited
Spenda Limited (ASX:SPX) is an integrated business platform that provides software solutions and payment processing services to enhance business operations across the supply chain. The company offers a comprehensive payment solution comprising software, payments, and lending, facilitating end-to-end e-invoicing integration, digital trust, and automated reconciliation. Spenda’s platform integrates multiple vendors into a single solution, improving operational efficiency and enabling seamless data transfer across disparate software systems. The company generates revenue through SaaS, B2B and B2C payments, and B2B supply chain finance, offering customized financing solutions to enhance clients’ working capital efficiency.
Technical Sentiment Signal: Sell
Current Market Cap: A$23.08M
For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.