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Zoom2u Technologies Ltd. ( (AU:LOC) ) has issued an update.
Locate Technologies Ltd has issued 2,000,000 fully paid ordinary shares to Novus Capital Limited to replenish shares previously issued as collateral under an At-the-Market Facility Agreement. This move demonstrates the company’s compliance with relevant corporate regulations and reflects its ongoing strategic financial management, potentially impacting its market positioning and stakeholder interests.
More about Zoom2u Technologies Ltd.
Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. The company offers platforms like Locate2u, Zoom2u, and Shred2u to provide scalable solutions for delivery management, route optimization, and real-time visibility for businesses of all sizes.
Average Trading Volume: 1,100,046
Technical Sentiment Signal: Buy
For an in-depth examination of LOC stock, go to TipRanks’ Overview page.