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NoviqTech Issues New Shares and Options to Strengthen Market Position

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NoviqTech Issues New Shares and Options to Strengthen Market Position

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

NoviqTech Limited has announced the issuance of 29,333,330 fully paid ordinary shares and 27,777,774 listed options with an exercise price of $0.20, set to expire on 5 March 2028. This move is part of the company’s compliance with the Corporations Act 2001, and it signifies NoviqTech’s ongoing efforts to enhance its financial structure and market presence, potentially impacting its stakeholders and market positioning.

More about Tymlez Group Ltd.

NoviqTech (ASX: NVQ) leverages artificial intelligence and distributed ledger technology to offer trusted solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. Through its platforms, the company supports organisations worldwide in making data-driven decisions and driving sustainable growth.

YTD Price Performance: -66.96%

Average Trading Volume: 588,819

Technical Sentiment Signal: Sell

Current Market Cap: A$9.31M

See more insights into NVQ stock on TipRanks’ Stock Analysis page.

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