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Linius Technologies Plans New Share Issue

Linius Technologies Plans New Share Issue

Linius Technologies (AU:LNU) has released an update.

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Linius Technologies Limited has announced a new securities placement with the intention to issue a maximum of 62,500,000 ordinary fully paid shares. The proposed issue date is set for June 21, 2024. This move is aimed at strengthening the company’s financial position and will be executed in compliance with ASX Listing Rules.

For further insights into AU:LNU stock, check out TipRanks’ Stock Analysis page.

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