tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RemSense Technologies Issues Shares to Sophisticated Investors

Story Highlights
RemSense Technologies Issues Shares to Sophisticated Investors

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from RemSense Technologies Ltd. ( (AU:REM) ) is now available.

RemSense Technologies Limited, a company listed on the Australian Securities Exchange under the ticker REM, has issued over 26 million fully paid ordinary shares to sophisticated investors. This move, announced earlier in August, was executed without the need for a disclosure document under the Corporations Act, indicating compliance with relevant legal provisions. The issuance is part of the company’s strategic financial maneuvers, potentially impacting its capital structure and market positioning.

More about RemSense Technologies Ltd.

Average Trading Volume: 160,788

Technical Sentiment Signal: Sell

Current Market Cap: A$5.02M

For detailed information about REM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1