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Zoom2u Technologies Ltd. ( (AU:LOC) ) has provided an update.
Locate Technologies Ltd has issued 1,692,249 fully paid ordinary shares to Novus Capital Limited to replenish shares previously issued under an At-the-Market Facility Agreement. This move is part of the company’s compliance with the Corporations Act, ensuring transparency and adherence to regulatory requirements, which may bolster investor confidence and support the company’s strategic financial operations.
More about Zoom2u Technologies Ltd.
Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to revolutionize last-mile delivery and logistics management. The company offers platforms such as Locate2u, Zoom2u, and Shred2u, providing scalable solutions for delivery management, route optimization, and real-time visibility for businesses of all sizes.
Average Trading Volume: 647,622
Technical Sentiment Signal: Buy
Find detailed analytics on LOC stock on TipRanks’ Stock Analysis page.