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An announcement from Zoom2u Technologies Ltd. ( (AU:LOC) ) is now available.
Locate Technologies Ltd has issued 7,537,204 fully paid ordinary shares to Pure Asset Management Pty Ltd as consideration for the cancellation of 19,000,000 previously issued warrants. This transaction, conducted without disclosure to investors under specific provisions of the Corporations Act, signifies the company’s compliance with relevant legal requirements and reflects its strategic financial maneuvers to optimize its capital structure.
More about Zoom2u Technologies Ltd.
Locate Technologies harnesses AI, cloud infrastructure, and SaaS technology to revolutionize last-mile delivery and logistics management. Through platforms like Locate2u, Zoom2u, and Shred2u, the company offers solutions that streamline delivery management, optimize route planning, and enhance real-time visibility for businesses of all sizes.
Average Trading Volume: 1,253,408
Technical Sentiment Signal: Sell
See more data about LOC stock on TipRanks’ Stock Analysis page.
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