Orcoda Limited ( (AU:ODA) ) just unveiled an announcement.
Orcoda Limited has issued 1,500,000 fully paid ordinary shares to Keaz Limited (Hong Kong) as part of an acquisition deal involving business IP, assets, and associated revenue from Keaz Limited (Hong Kong) and Keaz Australia Pty Ltd. The shares are priced at $0.08 each and are subject to a voluntary escrow until March 2026. This strategic acquisition is expected to enhance Orcoda’s capabilities in transport logistics optimization and infrastructure, potentially strengthening its market position and offering new opportunities for growth.
More about Orcoda Limited
Orcoda Limited is a leading provider of integrated smart technology solutions in transport logistics, workforce logistics, and transport infrastructure. The company focuses on optimizing operations, enhancing efficiencies, connectivity, and compliance for its clients, which include some of Australia’s largest companies in the transport logistics, healthcare transport, infrastructure, and resources sectors. Orcoda aims to be a leading Smart Cities transport technology solutions provider.
YTD Price Performance: -32.50%
Average Trading Volume: 152,747
Technical Sentiment Signal: Buy
Current Market Cap: A$13.82M
See more data about ODA stock on TipRanks’ Stock Analysis page.