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The latest announcement is out from Linius Technologies ( (AU:LNU) ).
Linius Technologies Limited announced a proposed issue of securities, including 110 million options expiring in 2027 and 737 million fully paid ordinary shares. This move is expected to enhance the company’s capital structure, potentially strengthening its market position and providing additional resources for future growth and development.
More about Linius Technologies
Linius Technologies Limited operates in the technology industry, focusing on innovative digital solutions. The company is known for its advanced video virtualization technology, which enables the transformation and manipulation of video content for various applications across multiple sectors.
Technical Sentiment Signal: Sell
Current Market Cap: A$14.25M
For a thorough assessment of LNU stock, go to TipRanks’ Stock Analysis page.