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dorsaVi Issues 24.75 Million Shares in Compliance with Corporations Act

Story Highlights
  • dorsaVi specializes in motion analysis technologies for clinical and workplace applications.
  • dorsaVi issued 24.75 million shares, complying with regulatory requirements, impacting operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
dorsaVi Issues 24.75 Million Shares in Compliance with Corporations Act

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The latest announcement is out from dorsaVi Limited ( (AU:DVL) ).

dorsaVi Limited has announced the issuance of 24,750,000 fully paid ordinary shares, as confirmed in their Section 708A Cleansing Notice under the Corporations Act 2001. This move reflects the company’s compliance with regulatory requirements and may impact its financial operations and stakeholder interests by potentially increasing capital for further development and expansion in its target markets.

More about dorsaVi Limited

dorsaVi Ltd (ASX:DVL) is a company specializing in innovative motion analysis device technologies for clinical applications, elite sports, and occupational health and safety. Their wearable sensor technology allows for detailed human movement analysis outside of a biomechanics lab, focusing on workplace injury risk assessment and clinical solutions for patient management.

Average Trading Volume: 6,409,368

Technical Sentiment Signal: Buy

Current Market Cap: A$58.34M

See more data about DVL stock on TipRanks’ Stock Analysis page.

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