Spenda Limited Expands Shares Under Act Compliance

Spenda Limited (AU:SPX) has released an update.

Spenda Limited has issued a total of 279,138,081 new ordinary shares, leveraging exemptions under Section 708A of the Corporations Act 2001, which allows these shares to be sold without standard disclosure. The company asserts that it has complied with all necessary provisions of the Act as of the notice date and confirms that no crucial undisclosed information is required per sections 708A(7) and (8). Spenda, known for integrating business platforms to enhance sales and accelerate payments, combines software solutions with payment processing, including SaaS, B2B and B2C payments, and supply chain finance services.

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