$1.85 million raised under institutional entitlement offer
Filed with ASX · · 4 pages · English
Summary by 6ix AI
The institutional entitlement offer was part of a larger equity raising initiative aimed at optimizing business processes and reducing debt. The company plans to raise additional funds through a retail entitlement offer scheduled to open soon. The funds raised will be allocated towards various operational and development initiatives as outlined in the prospectus.
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
- Accelerated pro-rata renounceable entitlement offer
- Spenda Divests Ledger Platform to APG Pay for $1.8M
- Private Placement raise of $1.4m
- Trading halt
- Half Yearly Report and Accounts
Later from Spenda
- Spenda Accelerates Strategic Turnaround
- Security Class Suspension (ASX Code- SPXOB)
- Capricorn Accepts Entitlement & Increase Holding to 19.99%
- Security Class Reinstatement to Quotation- SPXOB
- Spenda FY26 R&D Estimate to Exceed $1.75M
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