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Axiom Properties Ltd ( (AU:AXI) ) just unveiled an update.
Axiom Properties Limited has completed a $1.4 million equity placement and plans to issue an additional $1.25 million in convertible notes to strengthen its balance sheet and accelerate growth. This financial move is part of a strategic transformation as the company rebrands to Axtec Limited, aiming to become a leader in real estate automation. The funds will support the rollout of customer contracts and large-scale partnerships, focusing on embedding automation and AI in their services to enhance efficiency and unlock new revenue streams.
More about Axiom Properties Ltd
Axiom Properties Limited, soon to be renamed Axtec Limited, operates within the real estate sector, focusing on technology-driven solutions. The company aims to address the manual and fragmented nature of the real estate industry by embedding automated payments, compliance tools, and digital workflows throughout the property lifecycle. Its core services include lending and funding solutions for vendors, purchasers, agents, and owners.
Average Trading Volume: 79,925
Technical Sentiment Signal: Sell
Current Market Cap: A$6.92M
Find detailed analytics on AXI stock on TipRanks’ Stock Analysis page.