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SportsHero to Issue 53.9 Million New Shares

SportsHero to Issue 53.9 Million New Shares

SportsHero Limited (AU:SHO) has released an update.

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SportsHero Limited has announced a proposed issue of 53.9 million new fully paid ordinary shares, slated for issuance on December 13, 2024. This move is expected to raise capital for the company, potentially impacting its market position and investor interest on the ASX. Investors and market watchers will be keen to see how this strategic financial maneuver influences SportsHero’s stock performance.

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

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