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NoviqTech Issues Nearly 4 Million New Shares Under Cleansing Notice

Story Highlights
  • NoviqTech has issued 3,965,006 fully paid ordinary shares without a disclosure document.
  • The company affirms regulatory compliance and absence of excluded information, enabling free trading of the new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NoviqTech Issues Nearly 4 Million New Shares Under Cleansing Notice

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The latest update is out from Tymlez Group Ltd. ( (AU:NVQ) ).

NoviqTech Limited has issued 3,965,006 fully paid ordinary shares without a prospectus or other disclosure document, relying on provisions of the Australian Corporations Act that allow such placements under certain conditions. The company confirms it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information that would be material to investors, effectively clearing the way for the newly issued shares to be freely tradable and signalling compliance that may reassure the market and existing shareholders.

More about Tymlez Group Ltd.

Average Trading Volume: 843,917

Technical Sentiment Signal: Sell

Current Market Cap: A$7.58M

For detailed information about NVQ stock, go to TipRanks’ Stock Analysis page.

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