ASX-listed Splitit jumps most in 7 months on $50 mln investment

Splitit

16/08/2023 03:21

** ASX-listed shares of Splitit Ltd  SPT.AX  rise as much as
25% to A$0.095, their biggest intraday pct gain since Jan 16
    ** The Israel-based buy-now-pay-later co signs definitive
agreement for an investment of up to $50 mln from funds advised
by Motive Partners
    ** Agreement to accelerate SPT's growth and support the
execution of its strategic plan
    ** Stock hits highest level since June 29
    ** Splitit stock down 52.5% this year, as of last close
    

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))