KNeoMedia Limited (AU:KNM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
KNeoMedia Limited is actively working towards relisting its shares on the ASX, having raised $1.25 million in capital and addressed cash flow concerns through renegotiated repayment terms. The company has successfully renewed its Connect ALL Kids program with the New York City Department of Education, securing A$700,000, and anticipates more renewals. Furthermore, KNeoMedia’s new EdTech platform for mandated Science Investigations has been certified and is set to be adopted for the upcoming school year in New York City.
For further insights into AU:KNM stock, check out TipRanks’ Stock Analysis page.