Accelerated pro-rata renounceable entitlement offer
Filed with ASX · · 5 pages · English
Summary by 6ix AI
Spenda Limited has announced an accelerated pro-rata renounceable entitlement offer to raise funds to strengthen its balance sheet and support working capital requirements. The offer includes seven new shares for every one share held, at a specified price, along with attaching options. The funds raised will be used for various purposes including debt reduction and product development. The entitlement offer consists of both institutional and retail components, with specific timelines for participation.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Watch Spenda's latest callSpenda (ASX:SPX) Q3 2026 Earnings Call · Replay · May 7Read the transcript of Spenda (ASX:SPX) Q3 2026 Earnings CallEarlier from Spenda
- Spenda Divests Ledger Platform to APG Pay for $1.8M
- Private Placement raise of $1.4m
- Trading halt
- Half Yearly Report and Accounts
- Receipt of $2.54 Million R&D Tax Rebate
Later from Spenda
- $1.85 million raised under institutional entitlement offer
- Spenda Accelerates Strategic Turnaround
- Security Class Suspension (ASX Code- SPXOB)
- Capricorn Accepts Entitlement & Increase Holding to 19.99%
- Security Class Reinstatement to Quotation- SPXOB
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