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Noviqtech Plans New Share and Option Issue to Bolster Capital Base

Story Highlights
  • Noviqtech will issue up to 25 million shares and 12.5 million options via a placement.
  • The capital raising aims to expand Noviqtech’s funding capacity but may dilute existing holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Noviqtech Plans New Share and Option Issue to Bolster Capital Base

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

Noviqtech Limited has notified the ASX of a proposed issue of up to 25 million new fully paid ordinary shares and 12.5 million options expiring 5 March 2028, to be undertaken via a placement or similar capital-raising structure, with an expected issue date of 10 March 2026. The securities issuance is intended to expand the company’s capital base, which may provide additional funding flexibility for its operations and growth initiatives, while potentially diluting existing shareholders depending on the final terms of the placement.

More about Tymlez Group Ltd.

Noviqtech Limited (ASX: NVQ) is an Australia-listed company; the announcement does not provide details on its specific industry, products, or services.

Average Trading Volume: 442,391

Technical Sentiment Signal: Sell

Current Market Cap: A$6.46M

For a thorough assessment of NVQ stock, go to TipRanks’ Stock Analysis page.

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