Trading Halt
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| Stock | Aspen Group (APZ.ASX) |
|---|---|
| Release Time | 15 May 2025, 9:28 a.m. |
| Price Sensitive | Yes |
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Aspen Group Requests Trading Halt for Equity Raising
Key Points
- Aspen Group requests trading halt pending announcement on equity raising
- Equity raising to be undertaken via institutional placement and security purchase plan
- Trading halt to remain in place until announcement of placement completion or market open on 16 May 2025
Full Summary
Aspen Group (ASX: APZ) has requested a trading halt on its securities, pending the release of an announcement regarding an equity raising to be undertaken by the company. The trading halt will remain in place until the earlier of an announcement being made about the completion of the placement or the commencement of trading on 16 May 2025. Aspen Group has stated that it is not aware of any reason why the trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt. The equity raising will be undertaken through an institutional placement and a security purchase plan, though the details of the raising have not yet been disclosed.
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