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Mighty Kingdom Requests Trading Halt Amidst Strategic Placement

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Mighty Kingdom Requests Trading Halt Amidst Strategic Placement

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An announcement from Mighty Kingdom Ltd ( (AU:MKL) ) is now available.

Mighty Kingdom Limited, now Fortifai Limited, has requested a trading halt on its securities to facilitate the coordination of a bookbuild for an Additional Placement, as approved by shareholders. This halt will remain until the announcement of the placement’s completion or the start of normal trading on June 25, 2025, potentially impacting the company’s market positioning and stakeholder interests.

More about Mighty Kingdom Ltd

Mighty Kingdom Limited, now known as Fortifai Limited, operates in the technology sector, focusing on developing innovative digital solutions. The company is involved in creating interactive entertainment and digital content, targeting a diverse market with a focus on engaging user experiences.

Average Trading Volume: 1,496,515

Technical Sentiment Signal: Sell

Current Market Cap: A$7.23M

For an in-depth examination of MKL stock, go to TipRanks’ Overview page.

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