Spirit Technology Solutions Ltd. (AU:ST1) has released an update.
Mr. Dane Meah, through Meah Family Holdings Pty Ltd, has emerged as a substantial shareholder in Spirit Technology Solutions Ltd, acquiring an 11.14% stake with 152,173,913 fully paid ordinary shares. The acquisition, which solidified Meah’s significant influence in the company, involved a considerable investment of $7 million on April 4, 2024. This move could indicate a strategic shift for Spirit Technology Solutions and is likely to catch the eye of market watchers and investors.
For further insights into AU:ST1 stock, check out TipRanks’ Stock Analysis page.
