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X2M Connect Limited Announces Proposed Securities Issue

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X2M Connect Limited Announces Proposed Securities Issue

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An announcement from X2M Connect Limited ( (AU:X2M) ) is now available.

X2M Connect Limited has announced a proposed issue of securities, involving 174,022,737 call options and ordinary fully paid shares, with an expiration date of December 31, 2027. This move is part of a standard pro rata issue, reflecting the company’s strategy to raise capital and potentially strengthen its market position, impacting stakeholders by offering new investment opportunities.

More about X2M Connect Limited

X2M Connect Limited operates in the technology industry, focusing on providing connectivity solutions. The company specializes in offering innovative communication services and products, aiming to enhance connectivity and operational efficiency for its clients.

Average Trading Volume: 994,234

Technical Sentiment Signal: Sell

Current Market Cap: A$7.83M

See more data about X2M stock on TipRanks’ Stock Analysis page.

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