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The latest update is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).
Locate Technologies Limited issued a correction to a previous announcement regarding its ‘At-the-market facility’ (ATM Facility), clarifying that the ability to sell shares at discretion is attributed to ‘Novus’ and not the company itself. Additionally, the final issue price for funds raised under the ATM Facility will be determined by the company’s set floor price, with the facility term lasting three years from May 29, 2025.
More about Zoom2u Technologies Ltd.
Locate Technologies harnesses 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: 89,188
Technical Sentiment Signal: Buy
Learn more about LOC stock on TipRanks’ Stock Analysis page.