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Sprintex Limited Issues 20 Million Unquoted Options

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The latest announcement is out from Sprintex Limited ( (AU:SIX) ).

Sprintex Limited announced the issuance of 20,000,000 unquoted options set to expire on June 30, 2026, with an exercise price of $0.10. This issuance is part of previously announced transactions, potentially impacting the company’s capital structure and providing strategic flexibility for future growth initiatives.

More about Sprintex Limited

Sprintex Limited operates in the automotive industry, focusing on the development and production of superchargers for enhancing engine performance. The company primarily targets markets requiring high-performance automotive solutions.

YTD Price Performance: -13.33%

Average Trading Volume: 285,567

Technical Sentiment Signal: Buy

Current Market Cap: A$28.18M

For a thorough assessment of SIX stock, go to TipRanks’ Stock Analysis page.

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