AD1 Holdings Ltd (AU:AD1) has released an update.
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AD1 Holdings Ltd has requested an immediate suspension of trading of its shares on the Australian Securities Exchange, citing an upcoming announcement about a potential acquisition and associated capital raising efforts. The voluntary suspension aims to help the company manage its disclosure obligations and will be in effect until the company releases further details or until trading resumes on July 29, 2024. The company has confirmed that all necessary information has been provided to the ASX for the suspension request.
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