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Micro-X Cancels 580,293 Performance Rights in Capital Structure Adjustment

Story Highlights
  • Micro-X Limited has cancelled 580,293 performance rights effective 13 January 2026.
  • The performance rights were terminated by agreement, slightly reducing potential future shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Micro-X Cancels 580,293 Performance Rights in Capital Structure Adjustment

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Micro-X Ltd. ( (AU:MX1) ) has provided an update.

Micro-X Ltd., listed on the ASX under code MX1, has notified the market of changes to its issued capital structure. The announcement does not provide additional information on the company’s industry, products, or market focus.

The company has cancelled 580,293 performance rights (security code MX1AG) effective 13 January 2026, following an agreement between Micro-X and the holder. The cessation of these securities represents a minor capital structure adjustment and may marginally reduce future equity dilution for existing shareholders, but no broader operational or strategic implications were disclosed in the notice.

The most recent analyst rating on (AU:MX1) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.

More about Micro-X Ltd.

Average Trading Volume: 328,220

Technical Sentiment Signal: Sell

Current Market Cap: A$63.7M

Learn more about MX1 stock on TipRanks’ Stock Analysis page.

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