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Jaxsta Limited ( (AU:VNL) ) just unveiled an update.
Vinyl Group Ltd, a diversified media and music technology player, operates across publishing and platform businesses that link fans, brands and creators. Its assets span the Vinyl.com e-commerce marketplace, the Vampr creator network and Serenade’s collectibles platform, alongside cultural and media brands such as Concrete Playground and Australian licenses for Rolling Stone and Refinery29.
The company has issued 1,792,115 fully paid ordinary shares as consideration for corporate advisory services tied to its acquisition of Val Morgan Digital. The new shares were issued without a prospectus under Australian law, with Vinyl Group confirming compliance with continuous disclosure and reporting obligations and stating there is no excluded information relevant to the offer.
More about Jaxsta Limited
Vinyl Group Ltd is an adaptive media and music technology company connecting culture with commerce through publishing and platform divisions. Its platforms arm includes Vinyl.com, an e-commerce site with over 60,000 titles, Vampr, a social-professional network and talent marketplace with 1.6 million creators globally, and Serenade, a physical and digital collectibles pioneer supporting more than 200 artists. The publishing division, Vinyl Media, operates Concrete Playground, Mediaweek and Tone Deaf, and licenses Rolling Stone, Refinery29 and Variety mastheads in Australia.
Average Trading Volume: 350,385
Technical Sentiment Signal: Hold
Current Market Cap: A$118.1M
Learn more about VNL stock on TipRanks’ Stock Analysis page.