tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vinyl Group Ltd to Release Shares from Escrow, Enhancing Market Liquidity

Story Highlights
Vinyl Group Ltd to Release Shares from Escrow, Enhancing Market Liquidity

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Jaxsta Limited ( (AU:VNL) ) has issued an update.

Vinyl Group Ltd announced the release of 8,214,396 fully paid ordinary shares from escrow on September 30, 2025, which were initially issued as part of the Serenade acquisition. This move is in accordance with ASX Listing Rule 3.10A and the company will apply for quotation of these shares, potentially impacting its market operations and stakeholder interests by increasing the liquidity of its stock.

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 with over 50,000 titles; Vampr, a social-professional network with 1.6 million creators globally; Jaxsta, the largest database of official music credits; and Serenade, a Web3 pioneer in collectibles. The company also operates a publishing arm, Vinyl Media, which includes Concrete Playground, Mediaweek, Tone Deaf, and licenses Rolling Stone, Refinery29, and Variety in Australia.

Average Trading Volume: 516,183

Technical Sentiment Signal: Sell

Current Market Cap: A$127.1M

For an in-depth examination of VNL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1