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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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The latest update is out from X2M Connect Limited ( (AU:X2M) ).

X2M Connect Limited has announced a proposed issue of securities, detailing plans to issue 200 million ordinary fully paid shares and 236 million call options with expiration dates in December 2024 and 2025. This move is part of a strategic effort to raise capital, potentially impacting the company’s market position and offering new opportunities for stakeholders.

More about X2M Connect Limited

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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