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The latest update is out from SportsHero Limited ( (AU:SHO) ).
SportsHero Limited has extended its existing $1 million unsecured loan facility with lender Colin Jee Fai Low on a 12‑month term, allowing the company to draw down up to $200,000 per month at a fixed annual interest rate of 10%. The company plans to use any funds drawn under the facility to support working capital needs, a move that provides additional liquidity to sustain operations and growth initiatives while it pursues future capital-raising options, with repayment triggered either shortly after a dedicated capital raise or by January 2027.
The most recent analyst rating on (AU:SHO) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on SportsHero Limited stock, see the AU:SHO Stock Forecast page.
More about SportsHero Limited
SportsHero Limited is an integrated digital gaming and e-sports company with a primary focus on the South East Asia market, offering online gaming and related digital entertainment services in a high-growth regional sector.
YTD Price Performance: 2.17%
Average Trading Volume: 554,020
Technical Sentiment Signal: Buy
Current Market Cap: A$38.4M
See more data about SHO stock on TipRanks’ Stock Analysis page.