Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
SportsHero Limited ( (AU:SHO) ) has provided an update.
SportsHero Limited has lodged a notice with the ASX for a proposed placement involving the issue of up to 9 million new options, each with an exercise price of A$0.05 and an expiry date three years from issue, with a proposed issue date of 1 December 2026. The capital-raising move, structured as a placement or other type of issue, is designed to expand the company’s quoted securities base and potentially strengthen its balance sheet over time, offering new and existing investors leveraged exposure to future share price performance and signalling ongoing corporate activity in support of its growth plans.
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 (ASX: SHO) operates in the sports-related digital and technology sector, focusing on products and services that are delivered to and monetised via the capital markets as a listed entity on the Australian Securities Exchange.
YTD Price Performance: 2.17%
Average Trading Volume: 554,020
Technical Sentiment Signal: Buy
Current Market Cap: A$38.4M
For a thorough assessment of SHO stock, go to TipRanks’ Stock Analysis page.