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Kinatico Limited Issues 5.5 Million Shares Under Loan Funded Plan

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Kinatico Limited Issues 5.5 Million Shares Under Loan Funded Plan

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CV Check Ltd ( (AU:KYP) ) just unveiled an update.

Kinatico Limited has announced the issuance of 5,500,000 fully paid ordinary shares under its loan funded share plan. This move is part of the company’s strategy to enhance its financial structure without requiring disclosure under certain provisions of the Corporations Act. The announcement indicates that Kinatico is complying with relevant legal provisions and that there is no undisclosed information that investors would reasonably expect to find in a disclosure document.

The most recent analyst rating on (AU:KYP) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on CV Check Ltd stock, see the AU:KYP Stock Forecast page.

More about CV Check Ltd

Kinatico Limited (ASX: KYP) is a prominent provider in the RegTech industry, offering ‘know your people’ solutions. The company specializes in RegTech SaaS solutions that streamline compliance management for organizations. By integrating credential management and compliance data, Kinatico’s offerings help organizations enhance workforce mobilization and provide insights for safer workplaces.

Average Trading Volume: 992,132

Technical Sentiment Signal: Buy

Current Market Cap: A$129.6M

See more data about KYP stock on TipRanks’ Stock Analysis page.

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