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The latest update is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).
Locate Technologies Limited, listed on the ASX, has announced plans to relocate its listing to the New Zealand Exchange through a ‘top hat’ arrangement. This strategic move is driven by the company’s Bitcoin Treasury Strategy, aiming to leverage a more innovative capital market environment in New Zealand. The transition is expected to enhance shareholder value by removing regulatory hurdles and expanding the company’s investor base. The scheme requires shareholder and regulatory approvals, and if successful, will result in Locate Technologies being de-listed from the ASX and listed on the NZX.
More about Zoom2u Technologies Ltd.
Average Trading Volume: 1,109,769
Technical Sentiment Signal: Strong Sell
Find detailed analytics on LOC stock on TipRanks’ Stock Analysis page.