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An update from Prophecy International Holdings Ltd ( (AU:PRO) ) is now available.
Prophecy International Holdings Ltd has announced a merger with Complexica Pty Ltd to form a leading ASX-listed AI-focused software company. This merger is expected to accelerate revenue opportunities through product synergies and international expansion, while also enhancing the company’s scale and competitiveness. The new entity, to be named Complexica Group Limited, will see Prophecy shareholders holding 62% and Complexica shareholders 38% of the merged company. This strategic move is anticipated to unlock significant growth opportunities and strengthen the company’s position in the AI solutions market.
More about Prophecy International Holdings Ltd
Prophecy International Holdings Ltd is a technology company focused on developing enterprise software solutions. The company is known for its innovative applications and has a strong track record of serving blue-chip customers. With the acquisition of Complexica Pty Ltd, Prophecy aims to enhance its capabilities in AI-driven software solutions.
Average Trading Volume: 27,273
Technical Sentiment Signal: Sell
Current Market Cap: A$27.29M
Learn more about PRO stock on TipRanks’ Stock Analysis page.