Sept 18 (Reuters) - ** Shares of Spacetalk fall as much as 14.3% to A$0.024, their lowest since Aug 27
** Stock hits its biggest pct loss since Aug 29
** The family safety technology business on Monday said it is undertaking a partially underwritten A$3.2 mln ($2.16 mln) equity raising; shares were on trading halt since then
** Issue price of A$0.024 per share is at a ~11% discount last close on Sept 13
** Says funds raised will be used to puchase inventory, among others
** SPA stock down by 3.1% YTD as at 0343 GMT
($1 = 1.4784 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.