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X2M Connect Issues Unquoted Equity Securities

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X2M Connect Issues Unquoted Equity Securities

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X2M Connect Limited ( (AU:X2M) ) just unveiled an update.

X2M Connect Limited announced the issuance of unquoted equity securities, specifically 49,846,154 options set to expire on December 31, 2027, with an exercise price of $0.016. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and providing additional resources for its strategic initiatives.

More about X2M Connect Limited

X2M Connect Limited operates in the technology industry, focusing on providing innovative connectivity solutions. The company specializes in developing and deploying smart technology solutions aimed at enhancing communication and data management for various sectors.

Average Trading Volume: 1,226,418

Technical Sentiment Signal: Sell

Current Market Cap: A$9.14M

Learn more about X2M stock on TipRanks’ Stock Analysis page.

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