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Spenda Limited (ASX:SPX)

ALERT: Price-sensitive ASX Announcement for SPX
Current share price for SPX : $0.004 0.001 (33.33%)+
Announcement
Release
6 Jul 2026 9:47AM
Price at Release
$0.003
Full Release
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Summary
Spenda Limited (ASX:SPX) announced the successful completion of its Retail Entitlement Offer, which is a part of its $8.545 million pro-rata accelerated renounceable entitlement offer. Capricorn Society, a major shareholder, accepted their full entitlement, increasing their holding to approximately 19.99%. The offer allows for 7 new shares for each share held, with a free attaching option exercisable at $0.006 and expiring in 2031. This initiative is part of Spenda's strategy to optimize business processes, support product development, and reduce debt.
Key Points
  • Spenda Limited completed a Retail Entitlement Offer.
  • Capricorn Society increased its shareholding to 19.99%.
  • Offer included 7 new shares per existing share with attaching options.
  • Initiative aims to optimize processes and reduce debt.
  • Entitlement Offer part of an $8.545 million capital raising.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.