tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ovanti Seeks ASX Quotation for 566.9 Million Newly Issued Shares

Story Highlights
  • Ovanti Limited has applied to quote 566,893,425 new ordinary fully paid shares on the ASX.
  • The large share issue, approved at the 2025 AGM, marks a significant change to Ovanti’s capital structure and market float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ovanti Seeks ASX Quotation for 566.9 Million Newly Issued Shares

Claim 50% Off TipRanks Premium

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

Ovanti Limited has applied to the Australian Securities Exchange for quotation of 566,893,425 new ordinary fully paid shares issued on 20 January 2026. The substantial share issuance, approved by shareholders at the company’s 27 November 2025 annual general meeting, represents a significant capital event that may affect Ovanti’s capital structure, liquidity, and market presence once the new securities commence trading.

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

Ovanti Limited, listed on the ASX under the code OVT, is an Australian public company with its ordinary fully paid shares quoted on the Australian Securities Exchange. The company operates within the listed equities market framework and is subject to ASX Listing Rules and shareholder governance, as reflected in its requirement to seek shareholder approval for major capital actions at its annual general meetings.

Technical Sentiment Signal: Sell

Current Market Cap: A$13.43M

See more data about OVT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1