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Smart Parking Limited Announces Proposed Securities Issue

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Smart Parking Limited Announces Proposed Securities Issue

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Smart Parking Limited ( (AU:SPZ) ) has issued an announcement.

Smart Parking Limited has announced a proposed issue of 36,600,000 ordinary fully paid securities, set to be issued on February 26, 2025. This move is likely aimed at raising capital for the company, potentially impacting its market positioning by enabling further investment in its technology and expansion strategies.

More about Smart Parking Limited

Smart Parking Limited operates in the parking management industry, providing innovative parking solutions and services. The company focuses on leveraging technology to enhance parking efficiency and customer experience, catering to urban areas and commercial spaces.

YTD Price Performance: 8.00%

Average Trading Volume: 30

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €203.8M

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

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