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Linius Technologies Issues Unquoted Equity Securities

Story Highlights
  • Linius Technologies issued unquoted equity securities under an employee incentive scheme.
  • The issuance includes 250 million options with transfer restrictions until expiration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Linius Technologies Issues Unquoted Equity Securities

TipRanks Cyber Monday Sale

Linius Technologies ( (AU:LNU) ) has issued an announcement.

Linius Technologies Limited announced the issuance of unquoted equity securities under an employee incentive scheme. The issuance includes 50 million options expiring in 2027 and 200 million options expiring in 2029, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions end.

More about Linius Technologies

Technical Sentiment Signal: Sell

Current Market Cap: A$16.06M

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

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