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Swoop Holdings Limited ( (AU:SWP) ) has provided an update.
Swoop Holdings Limited has completed the retail component of its 1-for-2.14 accelerated non-renounceable pro-rata entitlement offer, raising approximately $6.5 million from eligible retail shareholders at an offer price of $0.10 per share, with a strong participation rate of about 90.1%. Together with the previously completed institutional component, the total raised under the entitlement offer now stands at roughly $9.3 million, while the board retains the option to place the remaining shortfall of about 7.1 million shares (approximately $0.7 million) to investors within three months, potentially broadening its shareholder base and strengthening its capital position ahead of the newly issued shares beginning to trade later in December 2025.
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: 106,990
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$33.04M
See more data about SWP stock on TipRanks’ Stock Analysis page.