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SenSen Networks ( (AU:SNS) ) has provided an announcement.
SenSen Networks Limited announced an inadvertent issuance of shares to two executive directors without shareholder approval. The company plans to sell these shares and donate the proceeds to charity, demonstrating its commitment to rectifying the oversight. SenSen reassures stakeholders of its improved governance and compliance measures to prevent future occurrences.
More about SenSen Networks
SenSen Networks Limited is a leader in smart urban management solutions, specializing in AI technology with its Live Awareness AI Platform. This platform integrates data from cameras and sensors with digital enterprise data to enhance safety and efficiency in urban environments. The company’s solutions are implemented in major cities worldwide and generate significant savings for fuel retail brands.
YTD Price Performance: 102.78%
Average Trading Volume: 1,333,290
Technical Sentiment Signal: Buy
Current Market Cap: A$58.37M
For detailed information about SNS stock, go to TipRanks’ Stock Analysis page.