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Jaxsta Limited ( (AU:VNL) ) just unveiled an update.
Vinyl Group Ltd announced that all resolutions proposed at its Annual General Meeting were passed by the required majority. This includes resolutions on remuneration, director re-elections, and share issuances, reflecting strong shareholder support and potentially enhancing the company’s strategic initiatives and governance. The successful approval of these resolutions is likely to positively influence Vinyl Group’s operational capabilities and market positioning, reinforcing its commitment to growth and innovation in the music industry.
More about Jaxsta Limited
Vinyl Group Ltd is a diversified music company that leverages technology to bridge culture and commerce. The company operates through two main divisions: publishing and platforms. Its platforms division includes Vinyl.com, a prominent e-commerce site with over 50,000 titles; Vampr, a social-professional network and talent marketplace with 1.6 million creators globally; and Serenade, a Web3 pioneer in collectibles. The publishing division, Vinyl Media, offers premium content and live experiences, managing brands like Concrete Playground, Mediaweek, and Tone Deaf, and licensing major mastheads such as Rolling Stone, Refinery29, and Variety in Australia.
Average Trading Volume: 444,503
Technical Sentiment Signal: Sell
Current Market Cap: A$115.6M
For detailed information about VNL stock, go to TipRanks’ Stock Analysis page.