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AssetOwl Limited Reduces Debt and Explores New Opportunities

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AssetOwl Limited Reduces Debt and Explores New Opportunities

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AssetOwl Limited ( (AU:AO1) ) has issued an update.

AssetOwl Limited has made significant strides in reducing its debt by issuing ordinary shares to settle liabilities exceeding $700,000, related to former directors. The company is also supported by a loan facility from Pacific Equity Investors Inc. and is actively seeking opportunities to enhance shareholder value, including the reactivation of its Pirsee platform for broader industry applications.

More about AssetOwl Limited

AssetOwl Limited operates in the technology sector, focusing on developing software solutions. Its primary product is the Pirsee platform, which is aimed at the real estate industry, though the company is exploring its application in other sectors.

Current Market Cap: A$1.95M

For detailed information about AO1 stock, go to TipRanks’ Stock Analysis page.

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