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Zoom2u Technologies Ltd. ( (AU:LOC) ) has shared an announcement.
Locate Technologies Limited has announced the legal effectiveness of its scheme of arrangement, approved by the Supreme Court of New South Wales, which will see Locate NZ become the new parent entity of the Locate Technologies group. Consequently, Locate Technologies shares will be suspended from trading on the ASX from the close of trading on 11 December 2025, with the company set to be delisted from the ASX on 17 December 2025. The company has also received a non-binding draft class ruling from the Australian Taxation Office regarding CGT scrip-for-scrip roll-over relief for eligible shareholders, with the final ruling expected after the scheme’s implementation date of 16 December 2025.
The most recent analyst rating on (AU:LOC) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Zoom2u Technologies Ltd. stock, see the AU:LOC Stock Forecast page.
More about Zoom2u Technologies Ltd.
Locate Technologies harnesses the power of AI, cloud infrastructure, and SaaS technology to transform how businesses manage last-mile delivery and logistics operations. Through a suite of platforms—Locate2u, Zoom2u, and Shred2u—the company delivers smart, scalable solutions that simplify delivery management, optimize route planning, and enhance real-time visibility for businesses of all sizes.
Average Trading Volume: 226,497
Technical Sentiment Signal: Sell
Current Market Cap: A$15.56M
For an in-depth examination of LOC stock, go to TipRanks’ Overview page.