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An update from Zoom2u Technologies Ltd. ( (AU:LOC) ) is now available.
Locate Technologies Limited has raised $316,500 through its At-the-Market Facility Agreement with Novus Capital Limited by issuing 2,400,000 shares at an average price of $0.132 per share. This capital raise is intended to strengthen the company’s balance sheet in accordance with its Treasury Management Policy, potentially enhancing its operational stability and market positioning.
More about Zoom2u Technologies Ltd.
Locate Technologies Limited operates in the logistics and delivery industry, leveraging AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. The company offers platforms such as Locate2u, Zoom2u, and Shred2u, providing scalable solutions for delivery management, route optimization, and real-time visibility for businesses.
Average Trading Volume: 262,616
Technical Sentiment Signal: Buy
Find detailed analytics on LOC stock on TipRanks’ Stock Analysis page.