Sprintex Limited (AU:SIX) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Sprintex Limited has announced the conversion of convertible notes into 5.5 million shares priced at 2.5 cents each, in compliance with the Corporations Act’s requirements. The company, known for its innovative high-speed electric motors and clean air compressors, asserts adherence to all necessary provisions of the Act with no undisclosed information. Sprintex continues to impact the industrial and automotive sectors through its energy-efficient and clean air technologies.
For further insights into AU:SIX stock, check out TipRanks’ Stock Analysis page.