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Jaxsta Limited ( (AU:VNL) ) just unveiled an update.
Vinyl Group Ltd has issued 6,704,545 fully paid ordinary shares as part of the exercise of director options, without disclosure under Part 6D.2 of the Corporations Act. This move is part of the company’s compliance with relevant provisions of the Corporations Act and signifies a strategic step in its operational and financial activities, potentially impacting its market positioning and stakeholder interests.
More about Jaxsta Limited
Vinyl Group Ltd is an ASX-listed music company based in Australia, offering tech and media solutions that connect music creators, fans, and brands. Its portfolio includes Vinyl.com, an e-commerce platform, Vampr, a social-professional network, Jaxsta, a music credits database, and Serenade, a Web3 platform for collectibles. The company also operates a publishing arm with media outlets like Mediaweek and licenses for Rolling Stone, Refinery29, and Variety in Australia.
Average Trading Volume: 1,008,518
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
Learn more about VNL stock on TipRanks’ Stock Analysis page.