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Nanoveu Ltd. ( (AU:NVU) ) has provided an update.
Nanoveu Limited has issued 4,500,000 ordinary shares following the exercise of unlisted options, as announced in compliance with the Corporations Act. The company is in preliminary discussions with a third party regarding potential distribution arrangements for its EyeFly3D products, although no binding agreements have been made. This development could impact Nanoveu’s market positioning and stakeholder interests, particularly in the 3D content and visualization sectors.
More about Nanoveu Ltd.
Nanoveu Limited is a pioneering technology company specializing in advanced systems-on-chip (SoC) solutions, ultra-low-power AI-driven processing for smart devices, IoT applications, and 3D content transformation. The company is positioned as a key player in the 3D content, AI, and edge computing markets with products like EyeFly3D, which offers glasses-free 3D experiences, and Nanoshield, a self-disinfecting film with antiviral and antimicrobial properties.
Average Trading Volume: 13,838,439
Technical Sentiment Signal: Buy
Current Market Cap: A$87.89M
See more data about NVU stock on TipRanks’ Stock Analysis page.