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Swoop Holdings Updates Securities Issuance Amid Takeover Developments

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Swoop Holdings Updates Securities Issuance Amid Takeover Developments

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Swoop Holdings Limited ( (AU:SWP) ) just unveiled an update.

Swoop Holdings Limited has announced an update to its securities issuance, reflecting consideration shares to be issued related to an off-market takeover offer by Swoop Telecommunications Pty Ltd. The update amends the previous disclosure from December 2024, with the issuance of securities expected on February 21, 2025, and further changes anticipated upon the offer’s expiry. This development highlights Swoop Holdings’ strategic maneuvers in the telecom sector, potentially impacting its market position and stakeholders’ interests.

More about Swoop Holdings Limited

YTD Price Performance: 12.22%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €32.75M

See more data about SWP stock on TipRanks’ Stock Analysis page.

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