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Simpple Ltd. Completes $1.26 Million Private Placement

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Simpple Ltd. Completes $1.26 Million Private Placement

Simpple Ltd. ( (SPPL) ) just unveiled an announcement.

Simpple Ltd. announced the completion of a private placement that took place on December 31, 2024, where it raised $1,260,000 through the sale of 4,846,153 ordinary shares and warrants to purchase an equal number of shares. The exercise price for these warrants is set at $0.13 per share, with the warrants becoming exercisable from December 31, 2024, and expiring on December 31, 2027. This transaction is expected to provide Simpple Ltd. with additional capital to support its operations and strategic initiatives, potentially enhancing its market position and offering value to its stakeholders.

More about Simpple Ltd.

YTD Price Performance: -56.85%

Average Trading Volume: 836,707

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $7.57M

See more data about SPPL stock on TipRanks’ Stock Analysis page.

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