Connected IO Ltd. (AU:CIO) has released an update.
Connected IO Limited has announced a security consolidation affecting its ordinary fully paid shares and options expiring on July 1, 2024. The reorganization was confirmed with shareholder approval and will commence trading on a deferred settlement basis starting July 30, 2024, with the record date set for July 31, 2024, and issue date on August 7, 2024. This strategic move is intended to streamline the company’s financial instruments and could potentially impact its market performance.
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