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Spenda Redeems 8,000 Convertible Notes, Streamlining Capital Structure

Story Highlights
  • Spenda Limited has ceased 8,000 SPXAG convertible notes through repayment or redemption without conversion.
  • The redemption reduces Spenda’s outstanding convertible debt, simplifying its capital structure and limiting potential shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spenda Redeems 8,000 Convertible Notes, Streamlining Capital Structure

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Spenda Limited ( (AU:SPX) ) just unveiled an update.

Spenda Limited has notified the market of the cessation of a tranche of its issued capital, specifically the redemption of 8,000 SPXAG convertible notes that were repaid or redeemed without conversion as of 31 December 2025. The move reduces the volume of outstanding convertible debt on the company’s balance sheet, simplifying its capital structure and potentially lowering future dilution risk for existing shareholders.

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 (ASX: SPX) is an Australian-listed company; however, this announcement does not provide details on its industry, products, services, or market focus.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.55M

Find detailed analytics on SPX stock on TipRanks’ Stock Analysis page.

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