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Spenda Seeks ASX Quotation for 35 Million New Shares Under Incentive Plan

Story Highlights
  • Spenda Limited has applied to quote 35 million new fully paid ordinary shares on the ASX.
  • The new shares were issued under an employee incentive scheme, aligning staff rewards with long-term company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spenda Seeks ASX Quotation for 35 Million New Shares Under Incentive Plan

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

Spenda Limited has applied to the ASX for quotation of 35 million new fully paid ordinary shares, issued on 20 March 2026 under an employee incentive scheme. The move expands the company’s quoted share base and signals a continued focus on using equity-based incentives to attract and retain staff, which may modestly dilute existing shareholders while aligning employee interests with long-term business performance.

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 is an Australian-listed company trading on the ASX under the code SPX. The firm operates within the financial technology and payments space, focusing on software-driven transaction and business payment solutions for enterprise and small-to-medium business customers.

Technical Sentiment Signal: Sell

Current Market Cap: A$11.68M

For a thorough assessment of SPX stock, go to TipRanks’ Stock Analysis page.

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