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NoviqTech Issues New Shares and Options, Files Cleansing Notice

Story Highlights
  • NoviqTech has issued over 50 million new shares and 125 million listed options.
  • The company confirms regulatory compliance and no undisclosed information to support trading.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NoviqTech Issues New Shares and Options, Files Cleansing Notice

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Tymlez Group Ltd. ( (AU:NVQ) ) just unveiled an update.

NoviqTech Limited has issued 50,350,334 fully paid ordinary shares and 125,283,902 listed options, each with a $0.20 exercise price and expiring on 5 March 2028, to investors without a formal disclosure document under the Corporations Act. The company affirms it is up to date with its financial reporting and continuous disclosure obligations and confirms there is no excluded information, indicating the new securities can trade freely and providing assurance to the market about regulatory compliance.

The cleansing notice signals that NoviqTech is seeking to maintain transparency and liquidity for its newly issued shares and options within the ASX market. By confirming the absence of undisclosed price-sensitive information, the company aims to protect investor confidence and support orderly trading in its expanded capital base.

More about Tymlez Group Ltd.

NoviqTech Limited is an Australia-listed company (ASX: NVQ) based in Sydney, operating as a public issuer of equity and listed options in the Australian capital markets. The company is subject to and states compliance with relevant Australian corporate reporting and continuous disclosure obligations under the Corporations Act.

YTD Price Performance: 42.86%

Average Trading Volume: 2,608,540

Technical Sentiment Signal: Sell

Current Market Cap: A$11.01M

Find detailed analytics on NVQ stock on TipRanks’ Stock Analysis page.

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