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SportsHero Limited Issues Over 71 Million Shares to Boost Capital

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SportsHero Limited Issues Over 71 Million Shares to Boost Capital

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

SportsHero Limited has issued 71,747,921 fully paid ordinary shares under its ASX Listing Rule 7.1 placement capacity. The issuance was conducted without disclosure to investors, and the company has complied with relevant provisions of the Corporations Act. This move is significant for SportsHero Limited as it demonstrates their ability to raise capital efficiently, potentially impacting their market positioning and providing opportunities for growth and expansion.

More about SportsHero Limited

YTD Price Performance: 52.94%

Average Trading Volume: 254,148

Technical Sentiment Signal: Hold

Current Market Cap: A$19.02M

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

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