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Jaxsta Limited ( (AU:VNL) ) has provided an update.
Vinyl Group Ltd announced the upcoming release of 5,178,624 fully paid ordinary shares from escrow on September 3, 2025, which were initially issued as part of the acquisition of Mediaweek. This release is in accordance with ASX Listing Rule 3.10A and will involve applying for quotation by lodging an Appendix 2A. The release of these shares could impact the company’s stock liquidity and market perception, providing stakeholders with more investment opportunities.
More about Jaxsta Limited
Vinyl Group Ltd is Australia’s only ASX-listed music company, 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 a publishing arm with various media properties and licenses major mastheads in Australia.
Average Trading Volume: 560,404
Technical Sentiment Signal: Sell
Current Market Cap: A$123.9M
For a thorough assessment of VNL stock, go to TipRanks’ Stock Analysis page.