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Zoom2u Technologies Ltd. ( (AU:LOC) ) has issued an announcement.
Locate Technologies Ltd has issued over 21 million fully paid ordinary shares as part of a placement, with PKN Consulting Pty Ltd acting as the corporate adviser. This move is compliant with the Corporations Act, and there is no excluded information that needs to be disclosed, indicating a transparent and strategic effort to enhance the company’s financial position and operational capabilities.
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: 89,188
Technical Sentiment Signal: Buy
For detailed information about LOC stock, go to TipRanks’ Stock Analysis page.