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The latest update is out from Sprintex Limited ( (AU:SIX) ).
Sprintex Limited has announced a proposed issue of securities, including 30 million ordinary fully paid shares and 12.5 million options expiring on June 30, 2026, with an exercise price of $0.10. This move is expected to provide the company with additional capital, potentially impacting its market position by enabling further development of its product offerings and expansion within the automotive sector.
More about Sprintex Limited
Sprintex Limited operates in the automotive industry, focusing on the development and production of superchargers and related components. The company is known for its innovative engineering solutions aimed at enhancing engine performance and efficiency.
Average Trading Volume: 445,728
Technical Sentiment Signal: Hold
Current Market Cap: A$31.46M
For detailed information about SIX stock, go to TipRanks’ Stock Analysis page.