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Ovanti Limited Announces Proposed Securities Issue

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Ovanti Limited Announces Proposed Securities Issue

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

Ovanti Limited has announced a proposed issue of 352,666,667 ordinary fully paid securities, scheduled for issuance on August 21, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. The announcement signifies a strategic financial maneuver that could impact Ovanti’s market positioning and stakeholder interests by potentially increasing capital and liquidity.

More about IOUpay Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$6.01M

See more insights into OVT stock on TipRanks’ Stock Analysis page.

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