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Swoop Holdings Limited ( (AU:SWP) ) has issued an update.
Swoop Holdings Limited has announced a proposed entitlement offer of fully paid ordinary shares, with MA Moelis Australia Advisory Pty Ltd acting as the lead manager and underwriter. This capital raising initiative is intended to bolster the company’s financial position, although it is not an invitation or offer of securities for subscription, purchase, or sale in any jurisdiction, particularly not in the United States.
The most recent analyst rating on (AU:SWP) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Swoop Holdings Limited stock, see the AU:SWP Stock Forecast page.
More about Swoop Holdings Limited
Average Trading Volume: 98,552
Technical Sentiment Signal: Sell
Current Market Cap: A$32.17M
See more data about SWP stock on TipRanks’ Stock Analysis page.