PARKD Ltd Extends Licence Terms to Finalize Agreement with Fielders

Parkd Ltd. ( (AU:PKD) ) has issued an announcement.

PARKD Ltd has announced a one-week extension on its existing Binding Commercial Terms with Fielders Steel Roofing, part of BlueScope Steel Limited. This extension, following the successful performance of PARKD’s Metal Deck Support Bracket in proof-of-concept projects, is intended to finalize a longer-term licence agreement for the manufacture, marketing, and sale of PARKD’s Metal Deck Support System and intellectual property. The extension indicates a significant step towards a formal agreement, though completion is not guaranteed, potentially influencing PARKD’s operational capabilities and partnership dynamics within the industry.

More about Parkd Ltd.

PARKD Ltd (ASX:PKD) is a technology-enabled building solutions company based in Australia, specializing as a building solutions consultant and general contractor. The company focuses on prefabricated construction solutions, notably its PARKD Car Park Structural System, designed for commercial and industrial applications. It holds intellectual property rights for a modular and lightweight concrete car parking system, allowing for relocation and adaptation to varying parking needs.

YTD Price Performance: 45.00%

Average Trading Volume: 141,858

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$3.02M

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