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The latest update is out from Spenda Limited ( (AU:SPX) ).
Spenda Limited has announced the withdrawal of Resolution 11, concerning the Consolidation of Capital, from the agenda of its 2025 Annual General Meeting. This decision may impact the company’s financial strategy and stakeholder expectations, as it suggests a reevaluation of capital management plans.
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 payments solution that includes software, payments, and lending, facilitating end-to-end e-invoicing integration, rapid ordering, digital trust, and automated reconciliation. Spenda’s platform standardizes technology solutions to enable seamless data transfer across different software systems, improving operational efficiency and offering customized financing solutions to enhance working capital efficiency.
Technical Sentiment Signal: Sell
Current Market Cap: A$14.59M
For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.