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Ovanti Cancels Previously Proposed Issue of 1,000 Shares

Story Highlights
  • Ovanti Limited cancelled a planned issue of 1,000 ordinary shares that were never actually issued.
  • The company updated its ASX disclosure to align capital records with reality and maintain investor transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ovanti Cancels Previously Proposed Issue of 1,000 Shares

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IOUpay Limited ( (AU:OVT) ) has provided an update.

Ovanti Limited has withdrawn a previously announced proposed issue of 1,000 ordinary shares that had been scheduled for 12 March 2025, formally cancelling the related Appendix 3B lodged with the ASX. The company notified the market on 24 March 2026 that these shares were never issued, clarifying its capital management position and aligning its official disclosures with actual securities on issue, which helps maintain transparency for investors and compliance with ASX requirements.

The most recent analyst rating on (AU:OVT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on IOUpay Limited stock, see the AU:OVT Stock Forecast page.

More about IOUpay Limited

Ovanti Limited, listed on the ASX under the code OVT, operates as a publicly traded company subject to the ASX Listing Rules governing the quotation and issuance of securities. The company engages with the market through standard ASX disclosure practices, including proposed issues of ordinary shares and related corporate actions.

Technical Sentiment Signal: Sell

Current Market Cap: A$8.65M

Learn more about OVT stock on TipRanks’ Stock Analysis page.

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