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IOUpay Limited ( (AU:OVT) ) just unveiled an announcement.
Ovanti Limited has announced a proposed issue of 461,538,461 ordinary fully paid securities, with the issuance date set for December 2, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the Australian Securities Exchange (ASX). The announcement suggests a strategic effort to raise capital, which could impact Ovanti Limited’s market positioning and stakeholder interests by potentially increasing liquidity and expanding its shareholder base.
More about IOUpay Limited
Average Trading Volume: 118,270,831
Technical Sentiment Signal: Sell
Current Market Cap: A$33.23M
See more insights into OVT stock on TipRanks’ Stock Analysis page.