Trading Halt
Open PDF
| Stock | Orcoda Ltd (ODA.ASX) |
|---|---|
| Release Time | 14 Apr 2025, 9:44 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Orcoda Ltd Requests Trading Halt
Key Points
- Orcoda Ltd requests trading halt pending announcement on capital raise
- Halt to remain in place until earlier of announcement release or start of trading on 16 April 2025
- Company intends to make further announcement before trading resumes
Full Summary
Orcoda Ltd has requested an immediate trading halt of its securities on the ASX, pending the release of an announcement regarding a proposed capital raise through a placement to sophisticated investors. The trading halt will remain in place until the earlier of the announcement being released or the commencement of normal trading on Wednesday, 16 April 2025. The company has stated that the trading halt is necessary to assist in managing its continuous disclosure obligations until it can inform the market of the details of the proposed capital raise. Orcoda Ltd intends to make a further announcement related to this purpose before trading commences on 16 April 2025.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In