Curvebeam AI Ltd. (AU:CVB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CurveBeam AI Limited announced the issuance of 2,310,789 new shares as part of its Contingent Merger Consideration following its acquisition of CurveBeam, LLC in 2022. The issuance includes shares for Top-Up Consideration and accounts for deductions due to identified tax-related claims. The shares, which are to be issued tomorrow, will be subject to certain restrictions and escrows as per ASX Listing Rules.
For further insights into AU:CVB stock, check out TipRanks’ Stock Analysis page.