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ReadCloud Ltd. Announces Change in Substantial Shareholders

Story Highlights
  • Mr. Darren Hunter and associated entities are no longer substantial holders in ReadCloud Ltd.
  • The change is due to share dilution following new share issuance, affecting 7,501,112 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ReadCloud Ltd. Announces Change in Substantial Shareholders

An announcement from ReadCloud Ltd. ( (AU:RCL) ) is now available.

ReadCloud Ltd. has announced that Mr. Darren Hunter and associated entities have ceased to be substantial holders in the company as of March 4, 2025. This change is due to the dilution of shares following the issuance of new shares by the company, affecting a total of 7,501,112 ordinary shares. This development may impact the company’s shareholder structure and could have implications for its governance and decision-making processes.

More about ReadCloud Ltd.

YTD Price Performance: 20.0%

Average Trading Volume: 64,292

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$14.65M

Find detailed analytics on RCL stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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