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Forbidden Foods Ltd ( (AU:OMG) ) has provided an update.
OMG Group Limited has issued 7,500,000 fully paid ordinary shares at $0.01 per share without disclosure to investors under specific provisions of the Corporations Act. This strategic move aligns with the company’s compliance with regulatory requirements and aims to strengthen its financial position, potentially impacting its market presence and stakeholder interests.
More about Forbidden Foods Ltd
OMG Group is a health & wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brands include Blue Dinosaur® and OMG, catering to consumer demand for quality health foods.
Average Trading Volume: 3,990,324
Technical Sentiment Signal: Sell
Current Market Cap: A$10.29M
See more insights into OMG stock on TipRanks’ Stock Analysis page.