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Hubify Ltd. ( (AU:HFY) ) just unveiled an update.
Hubify Limited has issued 5,952,381 fully paid ordinary shares and lodged a cleansing notice under section 708A of the Corporations Act to enable trading of these securities without a prospectus. The company confirms it has met its financial reporting and continuous disclosure obligations and that there is no excluded information that would affect the investment decisions of current or prospective shareholders.
The move underscores Hubify’s compliance stance as it expands its capital base, providing regulatory assurance to the market regarding the transparency of its operations. For investors, the notice signals that the new shares have been issued within the existing disclosure framework, helping to support confidence in the company’s governance and ongoing market communication.
The most recent analyst rating on (AU:HFY) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Hubify Ltd. stock, see the AU:HFY Stock Forecast page.
More about Hubify Ltd.
Hubify Limited is an Australian provider of AI-powered telecommunications, IT and cyber security services focused on business customers. The company targets organisations with between 10 and 1,000 employees, offering connectivity, voice, managed services, cyber security, professional services and mobility solutions across major domestic carriers.
Average Trading Volume: 128,481
Technical Sentiment Signal: Sell
Current Market Cap: A$4.6M
Learn more about HFY stock on TipRanks’ Stock Analysis page.