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Adslot Ltd ( (AU:ADS) ) has provided an update.
Adslot Ltd announced the issuance of 225,000,000 fully paid ordinary shares at $0.001 each to sophisticated or professional investors through a private placement. This move, utilizing the company’s placement capacity under Listing Rule 7.1A, aims to strengthen its financial position and support its strategic initiatives. The company confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information required to be disclosed, indicating transparency and adherence to regulatory standards.
More about Adslot Ltd
Adslot Ltd is a company operating in the advertising technology industry, providing solutions that focus on enhancing the efficiency and effectiveness of digital advertising transactions. The company is listed on the Australian Securities Exchange under the ticker ADS.
Current Market Cap: A$5.43M
For detailed information about ADS stock, go to TipRanks’ Stock Analysis page.