Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from iCetana Ltd. ( (AU:ICE) ).
icetana Limited announced the results of its entitlement offer, which closed on 14 February 2025. The offer comprised new fully paid ordinary shares at $0.02 per share, raising $548,600 from entitlements applied for and an additional $80,822 from the Top Up Facility. This represents 23.8% of the total shares offered. The entitlement offer was fully underwritten by Lance East Holdings Pty Ltd, with the remaining shortfall shares to be allocated according to the company’s policy. Additionally, 720,000 unlisted convertible notes are expected to convert into shares soon, contingent upon the issuance of shares worth at least $1 million.
More about iCetana Ltd.
icetana AI is a company specializing in AI video analytics software designed to assist security and IT teams in managing large-scale surveillance networks. Their technology learns typical camera behavior to identify unusual events in real time, eliminating the need for manual configurations. The company provides solutions to various industries, including guarding services, retail, hospitality, public safety, transportation, education, and large enterprises, with a global reach spanning over 30 clients, 70 sites, 16,000 cameras, and 15 countries.
YTD Price Performance: -20.0%
Average Trading Volume: 789,768
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$6.35M
For an in-depth examination of ICE stock, go to TipRanks’ Stock Analysis page.
