State Street Becomes Major Holder in Audinate Group

Audinate Group Ltd. (AU:AD8) has released an update.

Audinate Group Ltd. has announced that State Street Bank and Trust Company has become a substantial holder in the company as of September 20, 2024, with a significant number of voting shares across various classes of securities. This development is indicative of State Street’s confidence in Audinate’s financial prospects, as they exercise control over the voting and disposition of these shares as an investment manager or trustee.

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