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Adisyn Converts 108.5 Million Performance Rights into Ordinary Shares

Story Highlights
  • Adisyn converted 108.5 million performance rights into fully paid shares.
  • Most new shares stem from the 2D Generation acquisition, with escrow and full compliance confirmed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Adisyn Converts 108.5 Million Performance Rights into Ordinary Shares

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DC Two Ltd. ( (AU:AI1) ) has shared an announcement.

Adisyn Ltd has converted 108.5 million Class A performance rights into fully paid ordinary shares, expanding its share capital through a mix of consideration for an earlier acquisition, director incentives and employee share plans. The bulk of the new shares relate to the acquisition of 2D Generation Ltd, with a portion subject to 12‑month voluntary escrow, and the company has confirmed it remains compliant with its continuous disclosure and reporting obligations under the Corporations Act, signalling no undisclosed price-sensitive information for investors.

The most recent analyst rating on (AU:AI1) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on DC Two Ltd. stock, see the AU:AI1 Stock Forecast page.

More about DC Two Ltd.

Average Trading Volume: 3,836,913

Technical Sentiment Signal: Hold

Current Market Cap: A$47.17M

Find detailed analytics on AI1 stock on TipRanks’ Stock Analysis page.

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