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Locate Technologies Announces Transition to NZX and IPO Progress

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Locate Technologies Announces Transition to NZX and IPO Progress

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An announcement from Zoom2u Technologies Ltd. ( (AU:LOC) ) is now available.

Locate Technologies Limited is transitioning its listing to the New Zealand Exchange (NZX) through a Scheme of Arrangement with a newly formed company, Locate NZ. The transition, conditional on shareholder approval, is expected to be completed by December 2025. This move aims to position Locate Technologies more strategically within the financial markets, potentially enhancing its operational capabilities and market reach. The company will continue to update its shareholders throughout the process.

More about Zoom2u Technologies Ltd.

Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to revolutionize 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: 417,562

Technical Sentiment Signal: Sell

For an in-depth examination of LOC stock, go to TipRanks’ Overview page.

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