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Locate Technologies Issues New Shares to Boost Capital

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Locate Technologies Issues New Shares to Boost Capital

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Zoom2u Technologies Ltd. ( (AU:LOC) ) has provided an announcement.

Locate Technologies Limited has announced the issuance of 1,692,249 ordinary fully paid shares to Novus Capital Limited under an ATM Facility, as of June 23, 2025. This move is expected to enhance the company’s capital structure and potentially strengthen its market position by providing additional financial resources for future growth and development.

More about Zoom2u Technologies Ltd.

Locate Technologies Limited operates in the technology industry, focusing on providing innovative solutions for location-based services. The company is known for its advanced technology offerings that cater to various market needs, including real-time tracking and location analytics.

Average Trading Volume: 647,622

Technical Sentiment Signal: Buy

For a thorough assessment of LOC stock, go to TipRanks’ Stock Analysis page.

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