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Ovanti Limited Pursues NASDAQ Listing via SPAC Strategy

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Ovanti Limited Pursues NASDAQ Listing via SPAC Strategy

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

Ovanti Limited is advancing its strategy to list on the U.S. NASDAQ through a dual-listing or a Special Purpose Acquisition Company (SPAC) transaction, aiming to enhance shareholder value. The company has engaged with multiple SPACs and amended its advisory agreement with EAS Advisors LLC to facilitate this process, highlighting the potential for significant valuation uplift and increased capital market support.

More about IOUpay Limited

Ovanti Limited operates in the Buy Now, Pay Later (BNPL) industry, providing financial services that allow consumers to make purchases and pay for them over time. The company is focusing on expanding its market presence, particularly in the U.S., where BNPL services are gaining traction and receiving strong valuations.

Average Trading Volume: 118,270,831

Technical Sentiment Signal: Sell

Current Market Cap: A$37.97M

For an in-depth examination of OVT stock, go to TipRanks’ Overview page.

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