Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Spenda Limited ( (AU:SPX) ) has shared an announcement.
Spenda Limited has updated the market on changes to its capital structure, confirming the lapse of a large tranche of listed options. The company reported that 57,500,000 SPXAJ options, which carried an exercise price of $0.084 and were due to expire on 25 February 2026, have ceased following expiry without being exercised.
The expiry of these options without conversion reduces the company’s pool of potential future equity dilution tied to this series. While no new capital was raised from these instruments, the simplified capital structure may marginally improve clarity for existing shareholders and investors assessing Spenda’s outstanding securities.
The most recent analyst rating on (AU:SPX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.
More about Spenda Limited
Spenda Limited, listed on the ASX under the code SPX, operates in the financial technology sector, though this filing focuses solely on its capital structure rather than its products or services. The company regularly updates the market on changes to its issued capital and listed options, in line with ASX disclosure requirements.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.25M
For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.