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Spenda Secures $1.4m to Accelerate Commercialisation Push

10:22am on Friday 6th of March, 2026 AEDT Technology
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Spenda Secures $1.4m to Accelerate Commercialisation Push

10:22am on Friday 6th of March, 2026 AEDT
Key Points
  • Private placement raised $1.4 million at $0.002 per share
  • Directors and executives committed $570,000 subject to shareholder approval
  • Funds earmarked for commercialisation, cost cutting, debt management, and working capital
  • 415 million shares issued under ASX Listing Rule 7.1; 285 million shares and 20 million broker options subject to shareholder approval
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