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Zoom2u Technologies Ltd. ( (AU:LOC) ) just unveiled an update.
Locate Technologies Limited announced a change in the voting power of substantial holder Stephen Orenstein, resulting from a recent capital raising that increased the total number of shares issued. This change, which did not involve the disposal of any securities by Mr. Orenstein, has diluted his voting power, reflecting the company’s strategic financial adjustments.
More about Zoom2u Technologies Ltd.
Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to revolutionize last-mile delivery and logistics management. Through platforms like Locate2u, Zoom2u, and Shred2u, the company offers scalable solutions for delivery management, route optimization, and real-time visibility for businesses of all sizes.
Average Trading Volume: 556,524
Technical Sentiment Signal: Buy
Learn more about LOC stock on TipRanks’ Stock Analysis page.