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ActivePort Group Announces Termination of Loan Facility and Lapsed Term Sheet

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ActivePort Group Announces Termination of Loan Facility and Lapsed Term Sheet

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Activeport Group Limited ( (AU:ATV) ) has issued an update.

ActivePort Group Limited announced the mutual termination of a Loan Facility, which is expected to have a material effect on the price or value of its securities. Additionally, a Term Sheet that was due for completion has lapsed without further extension, but the market was already informed of this possibility. The company maintains its license distribution contract with Radian Arc in the Middle East, ensuring continued revenue from this agreement.

More about Activeport Group Limited

ActivePort Group Limited operates in the technology industry, focusing on providing network management solutions. The company is known for its software products that facilitate efficient network operations and has a market focus that includes international regions such as the Middle East.

Average Trading Volume: 14,777,340

Technical Sentiment Signal: Hold

Current Market Cap: A$16.49M

Learn more about ATV stock on TipRanks’ Stock Analysis page.

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