Claim 70% 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
Sprintex Limited ( (AU:SIX) ) has shared an update.
Sprintex Limited has completed the issuance of 30 million fully paid ordinary shares to new and existing shareholders as part of a placement announced in September 2025. This move is compliant with the Corporations Act and signifies the company’s ongoing efforts to strengthen its financial position and support its innovation-driven approach in clean air technologies, potentially impacting stakeholders by enhancing its market presence in both industrial and automotive sectors.
More about Sprintex Limited
Sprintex Limited, founded in Australia in 2003, is a leader in engineering, research, product development, and manufacturing of ultra high-speed electric motors and clean air compressors. The company focuses on energy-efficient solutions for industrial and automotive sectors, with products like G Series blowers for wastewater treatment and fuel cell compressors for clean energy applications.
Average Trading Volume: 389,539
Technical Sentiment Signal: Sell
Current Market Cap: A$31.46M
For a thorough assessment of SIX stock, go to TipRanks’ Stock Analysis page.