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Tymlez Group Ltd. ( (AU:NVQ) ) has shared an update.
NoviqTech Limited has revised the terms of its proposed pro-rata non-renounceable entitlement issue of loyalty options. The company will issue one new option for every two shares held, at an issue price of $0.002, aiming to raise approximately $250,000. The options, exercisable at $0.20, now have an extended maturity period of 36 months, reflecting management’s intent to further reward shareholders. The updated terms have increased the value of each option and are aimed at meeting working capital requirements.
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: -37.97%
Average Trading Volume: 9,805
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €13.72M
See more insights into NVQ stock on TipRanks’ Stock Analysis page.