Qantm Intellectual Property Ltd. (AU:QIP) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Shareholders of QANTM Intellectual Property Ltd have overwhelmingly approved a takeover scheme by Fox BidCo Pty Ltd, owned by Adamantem Capital Management. This move, pending Court approval and other conditions, is set to see QANTM shares suspended from trading on August 5, 2024, with full implementation of the scheme expected by August 19, 2024. The acquisition marks a significant change in ownership for the IP services group, which operates across various Asia-Pacific markets.
For further insights into AU:QIP stock, check out TipRanks’ Stock Analysis page.