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Spacetalk Limited Plans 10:1 Share Consolidation
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Spacetalk Limited Plans 10:1 Share Consolidation

SPACETALK Limited (AU:SPA) has released an update.

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Spacetalk Limited (ASX: SPA) has announced its intention to consolidate its shares at a 10:1 ratio, pending shareholder approval at the upcoming Annual General Meeting. This move aims to create a more effective capital structure, with changes also affecting all Options, Performance Rights, and Warrants in line with ASX rules. The consolidation is set to take effect following a proposed timeline, beginning with shareholder approval on November 20, 2024.

For further insights into AU:SPA stock, check out TipRanks’ Stock Analysis page.

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