Qantm Intellectual Property Ltd. (AU:QIP) has released an update.
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QANTM Intellectual Property Ltd. has requested to suspend trading of its shares on the Australian Securities Exchange (ASX) to facilitate a takeover by Fox BidCo Pty Ltd, an entity backed by Adamantem Capital Management. The suspension, effective from the close of trading on August 5, 2024, will precede the company’s removal from the ASX official list expected by August 20, 2024, following the implementation of the acquisition scheme.
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