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FirstWave Cloud Technology ( (AU:FCT) ) just unveiled an update.
FirstWave Cloud Technology announced the release of 1,000,000 fully paid ordinary shares from voluntary escrow on October 31, 2025. These shares were initially issued to Pitt Street Research Pty Ltd for research services, and their release marks the end of a 12-month escrow period. This development may impact the company’s stock liquidity and investor interest.
More about FirstWave Cloud Technology
FirstWave Cloud Technology is an Australian global software company established in 2004. It specializes in providing enterprise-grade network management, automation, audit, and cybersecurity software. The company serves over 150,000 organizations across 178 countries, with notable clients including Microsoft, Telmex, Telstra, Claro, and NASA.
Average Trading Volume: 2,431,769
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$24.69M
See more data about FCT stock on TipRanks’ Stock Analysis page.