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The latest announcement is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).
Locate Technologies Limited is transitioning its listing to the New Zealand Exchange through a ‘top hat’ arrangement with Locate NZ. This move, subject to shareholder and court approvals, involves a scheme of arrangement and a successful PDS Offer raising NZ$1,000,000, which will influence the capital structure of the merged entity, potentially impacting stakeholder interests and the company’s market positioning.
More about Zoom2u Technologies Ltd.
Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. 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: 234,877
Technical Sentiment Signal: Sell
For a thorough assessment of LOC stock, go to TipRanks’ Stock Analysis page.