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Ovanti Seeks ASX Quotation for 582.8 Million New Shares

Story Highlights
  • Ovanti Limited has applied to list 582.8 million new ordinary shares on the ASX.
  • The enlarged quoted capital base may affect Ovanti’s market liquidity and shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ovanti Seeks ASX Quotation for 582.8 Million New Shares

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

Ovanti Limited has applied to the Australian Securities Exchange for quotation of 582,750,583 new ordinary fully paid shares under its ticker OVT, following securities issued as part of a previously disclosed transaction. The substantial share issuance, effective 23 January 2026, will significantly expand the company’s quoted capital base, with potential implications for its market liquidity and ownership structure once trading in the new securities commences.

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$21.85M

Find detailed analytics on OVT stock on TipRanks’ Stock Analysis page.

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