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Norwood Systems Issues 25 Million Unquoted Equity Securities

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Norwood Systems Issues 25 Million Unquoted Equity Securities

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The latest update is out from Norwood Systems Ltd ( (AU:NOR) ).

Norwood Systems Ltd announced the issuance of 25 million unquoted equity securities in the form of options exercisable at $0.025, expiring on December 11, 2027. This move is part of previously announced transactions and is not intended for quotation on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (AU:NOR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Norwood Systems Ltd stock, see the AU:NOR Stock Forecast page.

More about Norwood Systems Ltd

Norwood Systems Ltd operates in the technology industry, focusing on providing innovative communication solutions. The company is known for its advanced telecommunication services and has a market focus on enhancing connectivity and communication efficiency.

Average Trading Volume: 519,851

Technical Sentiment Signal: Sell

Current Market Cap: A$7.22M

For an in-depth examination of NOR stock, go to TipRanks’ Overview page.

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