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Elsight Ltd. Announces Issuance of New Shares

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Elsight Ltd. Announces Issuance of New Shares

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Elsight Ltd. ( (AU:ELS) ) has issued an update.

Elsight Ltd. has issued 1,333,333 ordinary fully paid shares without disclosure under Part 6D.2 of the Corporations Act, as per section 708A(5) of the Act. The company has complied with relevant provisions of the Corporations Act and confirms there is no excluded information to disclose. This issuance is part of Elsight’s ongoing efforts to enhance its market position and operational capabilities.

More about Elsight Ltd.

Elsight Ltd. is a company specializing in carrier-agnostic, multi-path connectivity solutions. Their flagship product, the Halo, utilizes AI-based multi-link bonding to provide robust connectivity for drones and unmanned systems, serving various markets including military, public safety, and medical sectors.

Average Trading Volume: 1,122,026

Technical Sentiment Signal: Buy

Current Market Cap: A$379.9M

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

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