Harvest Technology Group Issues New Shares Under Employee and Consultant Plans

The latest update is out from Harvest Technology Group Ltd. ( (AU:HTG) ).

Harvest Technology Group Limited has issued 8,346,103 fully paid ordinary shares, with 5,336,906 shares allocated under the Employee Incentive Plan and 3,009,197 shares issued to consultants for services. This issuance is exempt from disclosure requirements under the Corporations Act, allowing for the on-sale of these shares. The company confirms compliance with relevant provisions of the Act and assures that no undisclosed information would affect investors’ assessments of the company’s financial standing or the rights attached to the shares.

More about Harvest Technology Group Ltd.

Harvest Technology Group Limited (ASX: HTG) is a global leader in network-optimized remote operations, providing real-time remote control, communication, automation, and monitoring capabilities. Based in Perth, Australia, the company offers ultra-low bandwidth Network Optimised Livestreaming solutions, enabling customers to maintain connectivity with operations and personnel worldwide using minimal bandwidth resources.

YTD Price Performance: -30.0%

Average Trading Volume: 940,245

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$12.43M

For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.