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Bioxyne Limited Files Legal Claim Against Major Shareholder

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Bioxyne Limited Files Legal Claim Against Major Shareholder

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Bioxyne Limited ( (AU:BXN) ) has shared an update.

Bioxyne Limited has filed a legal claim against Mr. Ian Owles, a major shareholder, in the Supreme Court of New South Wales. The company alleges that Mr. Owles made misrepresentations leading to the issuance of shares to him, and seeks remedies including the declaration of the shares as void or unenforceable. Bioxyne assures stakeholders that this legal action does not affect its ongoing operations.

More about Bioxyne Limited

Bioxyne Limited operates in the biotechnology industry and is listed on the Australian Securities Exchange under the ticker ASX:BXN. The company is involved in the development and commercialization of health and wellness products, focusing on probiotics and immune health solutions.

Average Trading Volume: 4,979,076

Technical Sentiment Signal: Buy

Current Market Cap: A$117.3M

For an in-depth examination of BXN stock, go to TipRanks’ Overview page.

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