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Jaxsta Limited ( (AU:VNL) ) has provided an update.
Vinyl Group Ltd has issued 5,358,290 fully paid ordinary shares following the exercise of options, as announced in compliance with the Corporations Act. This move signifies the company’s ongoing efforts to strengthen its financial position and expand its influence in the global music ecosystem, potentially benefiting stakeholders by enhancing its market presence and operational capabilities.
More about Jaxsta Limited
Vinyl Group Ltd is an ASX-listed company in the music industry, 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 collectibles platform. The company also operates Vinyl Media, which manages cultural content and licenses major mastheads in Australia.
Average Trading Volume: 1,008,518
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
Find detailed analytics on VNL stock on TipRanks’ Stock Analysis page.