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One Click Group Prepares for Escrow Release
Company Announcements

One Click Group Prepares for Escrow Release

UUV Aquabotix Ltd. (AU:1CG) has released an update.

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One Click Group Limited has announced that various securities will be released from escrow on 27 September 2024, including over 71 million ordinary shares and substantial option holdings, following their acquisition of Mobile Business Devices Pty Ltd. However, the company revealed that performance milestones tied to revenues for the acquired entity were not met, and it plans to negotiate the cancellation of the associated Class A and B Performance Rights. One Click Group, known for its One Click Life financial technology platform, continues to expand its online services, aiming to be a comprehensive platform for Australians managing financial tasks.

For further insights into AU:1CG stock, check out TipRanks’ Stock Analysis page.

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