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Ovanti Plans Issue of 60 Million Unlisted Options

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Ovanti Plans Issue of 60 Million Unlisted Options

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

Ovanti Limited, listed on the ASX under the code OVT, has lodged a notice with the exchange outlining a proposed issue of new securities in the form of unlisted options. The filing indicates the company plans to issue up to 60 million unlisted options via a placement or other type of capital raising, with the proposed issue date set for 23 January 2026, signalling an intention to bolster its capital structure and potentially provide additional incentives or funding flexibility for future corporate activities.

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

Technical Sentiment Signal: Sell

Current Market Cap: A$13.43M

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

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