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SportsHero Limited Issues 8 Million New Shares

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SportsHero Limited Issues 8 Million New Shares

TipRanks Black Friday Sale

An announcement from SportsHero Limited ( (AU:SHO) ) is now available.

SportsHero Limited, trading under the ASX code SHO, has announced the issuance of 8,000,000 fully paid ordinary shares following the exercise of performance rights. This issuance was conducted without a disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Corporations Act. The announcement signifies a strategic move in SportsHero’s operations, potentially impacting its market positioning and shareholder value.

More about SportsHero Limited

YTD Price Performance: 129.41%

Average Trading Volume: 1,105,986

Technical Sentiment Signal: Buy

Current Market Cap: A$31.44M

Learn more about SHO stock on TipRanks’ Stock Analysis page.

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