WhiteHawk Ltd. ( (AU:WHK) ) just unveiled an announcement.
WhiteHawk Limited has announced the issuance of 53.5 million fully paid ordinary shares at $0.01 each, as part of a previously announced placement, and an additional 6 million shares to Peak Asset Management under a lead manager mandate. This move, compliant with the Corporations Act, is aimed at enhancing the company’s financial flexibility and market positioning, potentially impacting its operational capabilities and stakeholder interests.
More about WhiteHawk Ltd.
WhiteHawk Limited operates in the cybersecurity industry, providing innovative solutions and services to help organizations manage and mitigate cyber risks. The company focuses on delivering comprehensive cybersecurity strategies and tools to enhance the security posture of its clients.
YTD Price Performance: 110.0%
Average Trading Volume: 6,715,838
Technical Sentiment Signal: Sell
Current Market Cap: A$16.88M
Learn more about WHK stock on TipRanks’ Stock Analysis page.