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Priortech ( (IL:PRTC) ) has provided an update.
Priortech Ltd. is planning to hold a special general meeting on March 12, 2025, to discuss several transactions involving its controlling shareholder, Mr. Daniel Shoshani. The agenda includes the approval of a private placement of 3,000,000 options to Mr. Shoshani, an amendment to a loan agreement with PriorTech Ltd., and the renewal of management services with ZhuHai Access Semiconductor. These transactions could significantly impact the company’s governance and financial arrangements, enhancing Mr. Shoshani’s influence on the company’s strategic decisions.
More about Priortech
YTD Price Performance: 5.17%
Average Trading Volume: 19,704
Current Market Cap: ILS2.23B
For a thorough assessment of PRTC stock, go to TipRanks’ Stock Analysis page.