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Hiremii Ltd. ( (AU:HMI) ) has provided an update.
Hiremii Ltd has issued 634,901 new fully paid ordinary shares at a deemed issue price of $0.04376 per share, expanding its share capital base. The new shares were issued without a full prospectus under the Corporations Act provisions, but the company has confirmed compliance with its continuous disclosure and reporting obligations.
By lodging the required notice under section 708A(5)(e) of the Corporations Act, Hiremii has enabled the newly issued shares to be freely tradeable on the ASX immediately. The company also stated that there is no excluded information that would need to be disclosed in relation to this share issue, signalling that the placement is a routine capital management step with no undisclosed material developments for investors.
More about Hiremii Ltd.
Hiremii Ltd is an Australia-based company listed on the ASX under the code HMI. The company operates in the employment and recruitment technology sector, focusing on digital hiring solutions and related services for businesses seeking more efficient workforce management and talent acquisition.
Average Trading Volume: 147,137
Technical Sentiment Signal: Hold
Current Market Cap: A$8.2M
Learn more about HMI stock on TipRanks’ Stock Analysis page.