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Locate Technologies Completes Redomiciliation to New Zealand

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Locate Technologies Completes Redomiciliation to New Zealand

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The latest update is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).

Locate Technologies Limited announced the successful implementation of a scheme of arrangement, resulting in its redomiciliation from Australia to New Zealand, with Locate NZ becoming the new parent entity. This strategic move involves the transfer of all shares to Locate NZ and the appointment of MUFG Pension & Market Services (NZ) Limited as the share registry provider, indicating a significant operational shift and potential market expansion for the company.

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 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: 157,570

Technical Sentiment Signal: Sell

Current Market Cap: A$13.4M

For detailed information about LOC stock, go to TipRanks’ Stock Analysis page.

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