Claim 30% 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 provided an update.
Spenda Limited has announced the lapse of 3,750,000 unlisted options after the conditions attached to these securities were not satisfied or became incapable of being met. The expired options, with exercise prices of $0.045 and $0.0175 and maturities in 2027, reduce the company’s potential diluted capital base, marginally simplifying its future capital structure for shareholders.
The cessation includes 1,250,000 options expiring in November 2027 and 2,500,000 options expiring in June 2027, all formally lapsed as of 2 February 2026. This administrative update clarifies the status of conditional equity rights on issue, signalling a slightly lower prospective dilution level but no immediate change to the company’s issued ordinary share capital.
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. The company focuses on digital transaction and payment solutions, using capital markets instruments such as options to support its corporate and incentive structures.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.25M
For an in-depth examination of SPX stock, go to TipRanks’ Overview page.