Spirit Technology Solutions Ltd. ( (AU:ST1) ) just unveiled an update.
Spirit Technology Solutions Ltd. announced the issuance of 1,130,350 fully paid ordinary shares following the conversion of 500,000 unlisted convertible notes at a conversion price of $0.45. This move is part of the company’s strategic financial operations, potentially impacting its capital structure and shareholder value, while complying with relevant legislative requirements.
More about Spirit Technology Solutions Ltd.
Spirit Technology Solutions Ltd. operates in the technology sector, focusing on providing secure, sustainable, and scalable solutions. The company is engaged in offering technology services and products, with a market focus on enhancing operational efficiencies and technological advancements.
YTD Price Performance: -22.95%
Average Trading Volume: 199,609
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$88.85M
See more insights into ST1 stock on TipRanks’ Stock Analysis page.