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IOUpay Limited ( (AU:OVT) ) has shared an update.
Ovanti Limited has announced plans for a major equity placement, proposing to issue up to 582.75 million new ordinary fully paid shares on the Australian Securities Exchange. The capital raising, scheduled for 23 January 2026, represents a substantial expansion of the company’s share base and signals a significant funding initiative that could reshape its balance sheet and shareholder structure, with implications for ownership dilution and future strategic capacity once further details on pricing and use of proceeds are disclosed.
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
Find detailed analytics on OVT stock on TipRanks’ Stock Analysis page.