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Wisr Issues New Shares Under Disclosure Exemption While Affirming Compliance

Story Highlights
  • Wisr has issued 2,933,918 new fully paid ordinary shares using a Corporations Act disclosure exemption.
  • The company confirms ongoing compliance with reporting and disclosure rules and no undisclosed market-sensitive information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wisr Issues New Shares Under Disclosure Exemption While Affirming Compliance

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Wisr Ltd. ( (AU:WZR) ) has provided an update.

Wisr Limited has issued 2,933,918 fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow such issuance without formal disclosure. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information that would affect the market, signalling the share issue should integrate smoothly into its existing capital structure without undisclosed risks for investors.

The most recent analyst rating on (AU:WZR) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Wisr Ltd. stock, see the AU:WZR Stock Forecast page.

More about Wisr Ltd.

Wisr Limited is an Australian purpose-built fintech lender listed on the ASX that operates a proprietary digital lending platform. The company offers consumer credit alongside financial tools designed to help Australians pay down debt, access credit, assess their financial position and make more informed money decisions.

Average Trading Volume: 1,910,021

Technical Sentiment Signal: Sell

Current Market Cap: A$43.96M

For an in-depth examination of WZR stock, go to TipRanks’ Overview page.

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