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An update from Senetas Corporation Limited ( (AU:SEN) ) is now available.
Senetas Corporation Limited has completed the exercise of its SENAN and SENAP options, issuing a total of 32,688,803 shares through the exercise process. Additionally, the company addressed unexercised options by issuing 50,289,684 Shortfall Shares via an underwriting agreement with Taylor Collison Limited, raising $2.074 million before fees. This development highlights Senetas’s efforts to strengthen its financial position and enhance shareholder value.
More about Senetas Corporation Limited
Senetas Corporation Limited operates in the cybersecurity industry, focusing primarily on providing high-assurance encryption solutions to protect sensitive data. The company targets markets that require secure data transmission, including government, defense, and enterprise sectors.
YTD Price Performance: -10.0%
Average Trading Volume: 828,001
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$43.34M
Find detailed analytics on SEN stock on TipRanks’ Stock Analysis page.
