IOUpay Limited ( (AU:OVT) ) has provided an update.
OVANTI LIMITED has issued a Cleansing Prospectus for an offer of up to 1,000 shares at $0.020 each, aiming to raise $20. This prospectus is primarily intended to remove trading restrictions on shares issued before the closing date, in compliance with section 708A(11) of the Corporations Act. The document highlights that the shares are highly speculative and advises potential investors to seek professional advice. The prospectus is a transaction-specific document that does not provide the same level of detail as an initial public offering prospectus. It is meant to be read alongside other publicly available information about the company.
More about IOUpay Limited
YTD Price Performance: -40.0%
Average Trading Volume: 22,327,605
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$17.49M
For a thorough assessment of OVT stock, go to TipRanks’ Stock Analysis page.