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Volt Power Group Ltd ( (AU:VPR) ) has shared an announcement.
Volt Group Limited has issued 29,629,630 fully paid ordinary shares under a previously announced placement and a further 26,851,852 fully paid ordinary shares as part consideration for its acquisition of 4D Delta. The company has confirmed that these new shares were issued without a disclosure document under relevant Corporations Act provisions, and has stated it is fully compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, thereby enabling the new securities to trade freely and providing assurance to investors regarding regulatory compliance.
The most recent analyst rating on (AU:VPR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Volt Power Group Ltd stock, see the AU:VPR Stock Forecast page.
More about Volt Power Group Ltd
Volt Group Limited, listed on the ASX under code VPR, is an Australia-based company headquartered in Kewdale, Western Australia. The company has an issued capital structure comprising ordinary shares, unlisted options and performance rights, and is overseen by a board that includes an executive chairman and several non-executive directors.
Average Trading Volume: 39,411
Technical Sentiment Signal: Sell
Current Market Cap: A$14.47M
Learn more about VPR stock on TipRanks’ Stock Analysis page.