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An update from Jaxsta Limited ( (AU:VNL) ) is now available.
Vinyl Group Ltd announced the release of 1,692,105 fully paid ordinary shares from escrow on December 9, 2025, following the acquisition of Funkified Entertainment Pty Ltd. This move is in line with ASX Listing Rule 3.10A, and the company will apply for quotation of these shares. The release of these shares marks a significant step in the integration of Funkified Entertainment, potentially enhancing Vinyl Group’s market position and offering stakeholders new opportunities for growth.
More about Jaxsta Limited
Vinyl Group is a diversified music company that integrates technology to bridge culture and commerce. It operates in two main divisions: publishing and platforms. The platforms division includes Vinyl.com, an e-commerce site with over 50,000 titles, Vampr, a social-professional network with 1.6 million creators globally, and Serenade, a Web3 platform for collectibles. The publishing division, Vinyl Media, manages cultural content and experiences, operating Concrete Playground, Mediaweek, and Tone Deaf, and licenses major mastheads like Rolling Stone in Australia.
Average Trading Volume: 433,563
Technical Sentiment Signal: Sell
Current Market Cap: A$119.7M
See more insights into VNL stock on TipRanks’ Stock Analysis page.