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Zoom2u Technologies Ltd. ( (AU:LOC) ) just unveiled an update.
Locate Technologies Ltd has issued 1,825,322 fully paid ordinary shares to Novus Capital Limited to replenish shares previously issued as collateral under an At-the-Market Facility Agreement. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information required to be disclosed. This move is part of Locate Technologies’ strategic financial management, potentially impacting its market operations and stakeholder interests.
More about Zoom2u Technologies Ltd.
Locate Technologies harnesses AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. Through platforms like Locate2u, Zoom2u, and Shred2u, the company provides scalable solutions for delivery management, route optimization, and real-time visibility for businesses.
Average Trading Volume: 1,109,766
Technical Sentiment Signal: Buy
See more insights into LOC stock on TipRanks’ Stock Analysis page.