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Rectitude Holdings Ltd ( (RECT) ) has issued an update.
Rectitude Holdings Ltd, a Singapore-based safety equipment provider, announced on September 8, 2025, its entry into a Standby Equity Purchase Agreement (SEPA) with Constantinople Limited and Chen Zhiqiang to initiate a Bitcoin treasury strategy. The agreement allows Rectitude to issue up to $32.6 million in ordinary shares, with proceeds primarily intended for Bitcoin purchases. This strategic move aims to leverage Bitcoin as a store of value and hedge against inflation, reflecting the company’s confidence in Bitcoin’s potential amidst growing global adoption. The SEPA provides Rectitude with a flexible capital source to support its Bitcoin strategy and enhance shareholder value.
The most recent analyst rating on (RECT) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Rectitude Holdings Ltd stock, see the RECT Stock Forecast page.
Spark’s Take on RECT Stock
According to Spark, TipRanks’ AI Analyst, RECT is a Neutral.
The overall stock score of 54 reflects the company’s strong revenue growth and improved balance sheet, but is weighed down by declining profitability margins, significant cash flow challenges, and a high P/E ratio indicating overvaluation. Technical indicators suggest a neutral market position, with no strong momentum in either direction.
To see Spark’s full report on RECT stock, click here.
More about Rectitude Holdings Ltd
Founded in 1997 in Singapore, Rectitude Holdings Ltd is primarily engaged in the provision of safety equipment, including personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers, and traffic products. The company also offers industrial hardware tools and electrical hardware for construction sites, serving a diverse range of distributor networks and end markets across Singapore and Southeast Asia, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam.
Average Trading Volume: 1,858
Technical Sentiment Signal: Buy
For a thorough assessment of RECT stock, go to TipRanks’ Stock Analysis page.