The latest update is out from Spirit Technology Solutions Ltd. ( (AU:ST1) ).
Spirit Technology Solutions announced the release of 25,869,566 fully paid ordinary shares from voluntary escrow, marking the final tranche of the escrow releases related to the Infotrust acquisition. This release, scheduled for April 4, 2025, signifies the completion of the escrow terms set during the acquisition, potentially impacting the company’s stock liquidity and market positioning.
More about Spirit Technology Solutions Ltd.
Spirit Technology Solutions is an ASX-listed company that provides innovative secured managed services, cyber security, and collaboration and communications platforms to Australian businesses. The company focuses on building secure digital workplaces, aiming to make its customers secure, sustainable, and scalable.
YTD Price Performance: -22.95%
Average Trading Volume: 199,609
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$88.85M
See more data about ST1 stock on TipRanks’ Stock Analysis page.