TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Trendlines Group ( (SG:42T) ) has shared an update.
Trendlines Group Ltd. has announced a subscription agreement for the issuance of up to 51,447,751 new ordinary shares at a price of S$0.0666 per share, totaling approximately S$3,426,420. This move, which is not underwritten and involves no placement agent, aims to raise capital through a group of individual subscribers introduced by a business contact, potentially impacting the company’s financial positioning and shareholder structure.
The most recent analyst rating on (SG:42T) stock is a Hold with a S$0.06 price target. To see the full list of analyst forecasts on Trendlines Group stock, see the SG:42T Stock Forecast page.
More about Trendlines Group
Trendlines Group Ltd. is incorporated in Israel and operates within a group structure. The company is involved in various business activities, although specific industry and market focus details are not provided in the release.
Average Trading Volume: 8,218,609
Technical Sentiment Signal: Hold
Current Market Cap: S$91.11M
See more data about 42T stock on TipRanks’ Stock Analysis page.