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Stakk Ltd Completes Share Issue to Boost Market Liquidity

Story Highlights
  • Stakk provides Embedded Finance solutions to financial institutions in Australia and the U.S.
  • Stakk issued 37.6 million shares, enhancing liquidity under Corporations Act compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stakk Ltd Completes Share Issue to Boost Market Liquidity

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Douugh Ltd ( (AU:SKK) ) just unveiled an update.

Stakk Ltd has announced the completion of issuing 37,611,534 fully paid ordinary shares following the conversion of unlisted options. This move, compliant with section 708A(5) of the Corporations Act, allows the shares to be sold without disclosure, potentially enhancing liquidity and investor interest in the company’s securities.

More about Douugh Ltd

Stakk is a leading provider of Embedded Finance solutions, delivering critical functionality to over 200 banks, credit unions, neobanks, and fintech partners across the Australian and U.S. markets.

Average Trading Volume: 131,870,118

Current Market Cap: A$124.5M

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

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