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KNeoMedia Corrects Date on Proposed Securities Issue Filing

Story Highlights
  • KNeoMedia updated its ASX filing, correcting the proposed securities issue date.
  • The change is an administrative correction and does not alter the planned capital raising terms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KNeoMedia Corrects Date on Proposed Securities Issue Filing

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KNeoMedia Limited ( (AU:KNM) ) has shared an announcement.

KNeoMedia Limited has updated its proposed capital raising details lodged with the ASX, clarifying that the intended issue of new securities via a placement or similar structure is part of its ongoing funding activities as a listed entity. In the latest filing, the company corrects a typographical error in its earlier announcement, changing the proposed securities issue date from 22 January 2025 to 22 January 2026, a purely administrative amendment that does not alter the nature or terms of the planned issue but ensures accurate disclosure for investors and regulators.

The most recent analyst rating on (AU:KNM) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on KNeoMedia Limited stock, see the AU:KNM Stock Forecast page.

More about KNeoMedia Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$3.07M

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

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