- Credit Clear (CCR) enters a trading halt regarding an upcoming capital raising and proposed acquisition
- The company will remain in the halt until December 16 or when more details are released, whichever occurs first
- On December 1, Credit Clear announced it had enhanced deployment of its digital platform in New Zealand
- This expansion demonstrates CCR’s scalability and highlights the ability of the platform to expand into new regulatory jurisdictions and manage multiple currencies
- Shares in Credit Clear last traded at 54 cents on December 13
Credit Clear (CCR) has entered a trading halt regarding an upcoming capital raising and proposed acquisition.
The company will remain in the halt until December 16 or when more details are released, whichever occurs first.
Credit Clear is yet to disclose how much it intends to raise or who or what it will be acquiring.
On December 1, Credit Clear announced it had enhanced the deployment of its digital platform in New Zealand.
This expansion followed the Partnering and Teaming Agreement with global contact centre and technology provider Techub, signed in mid-November.
This expansion demonstrates Credit Clear’s scalability and highlights the ability of the platform to expand into new regulatory jurisdictions and manage multiple currencies.
This is the first trading halt the company has entered since it was listed on the ASX in October 2020.
Shares in Credit Clear last traded at 54 cents on December 13. The company has a $121.8 million market cap.