Latest Security Consolidation News

Spenda Limited has sold its Ledger platform to APG Pay for $1.8 million, cutting $2.7 million in annual costs and streamlining operations to concentrate on its core revenue-generating products.

Ovanti Limited has acknowledged its $5.27 million placement was material and confidential, while offering potential reasons for a sharp 70% share price rise before public disclosure.

Helix Resources (ASX:HLX) is set to consolidate its securities on a 1-for-35 basis, dramatically reducing the number of shares, options, and performance rights on issue. The move aims to streamline the capital structure ahead of upcoming exploration milestones.

Spenda Limited (ASX:SPX) has announced a 1-for-20 security consolidation affecting its ordinary shares and multiple option classes, with key dates scheduled throughout May 2026.

Chimeric Therapeutics Limited has announced a significant 100-to-1 security consolidation affecting shares, options, and performance rights, pending shareholder approval and set for implementation in April 2026.

Aspermont Limited has announced a significant security consolidation, reducing its ordinary shares on issue from nearly 2.91 billion to just over 11.6 million, aiming to streamline its capital structure and potentially enhance market liquidity.

Strategic Energy Resources Limited is set to consolidate its shares on a 1-for-20 basis, significantly reducing the number of shares on issue and adjusting option exercise prices. The move, effective from April 1, 2026, follows all necessary approvals and aims to streamline the company’s capital structure.

Sunstone Metals is seeking shareholder approval for a 30-for-1 share consolidation aimed at simplifying its capital structure and enhancing investor appeal. The move follows a recent placement that left the company with over 7 billion securities on issue.

Alicanto Minerals Limited has announced a 12-for-1 consolidation of its securities, including ordinary shares, performance rights, and options, effective from late January 2026. This move will significantly reduce the number of securities on issue and adjust option exercise prices accordingly.

ION Video Ltd’s recent General Meeting saw overwhelming shareholder approval for crucial resolutions, including a securities consolidation and advisor options ratification.

I Synergy Group Limited has announced a planned 5-for-1 consolidation of its ordinary shares and options, pending shareholder approval. The move aims to reduce the number of securities on issue, with trading of consolidated shares set to begin in early February.

Conico Ltd has appointed a new external auditor and secured shareholder approval for a significant 1-for-8 share consolidation at its 2025 Annual General Meeting.