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An announcement from Linius Technologies ( (AU:LNU) ) is now available.
Linius Technologies Limited announced the issuance of 110,000,000 unquoted equity securities, specifically options expiring on June 30, 2027, with an exercise price of $0.002. This move is part of previously announced transactions and reflects the company’s strategic efforts to strengthen its financial position and support its ongoing operations, potentially impacting its market positioning and stakeholder interests.
More about Linius Technologies
Linius Technologies Limited operates in the technology sector, focusing on the development and provision of innovative solutions for video virtualization and related services. The company aims to enhance video content management and delivery, targeting various markets including media, education, and enterprise sectors.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.06M
Find detailed analytics on LNU stock on TipRanks’ Stock Analysis page.