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X2M Connect Limited ( (AU:X2M) ) has provided an announcement.
X2M Connect Limited announced the issuance of fully paid ordinary shares and/or options without disclosure to investors under specific parts of the Corporations Act. The company has complied with relevant provisions of the Corporations Act and confirmed there is no excluded information as per the Act. This announcement reflects X2M’s ongoing compliance and strategic financial maneuvers to support its growth and expansion in the utilities sector.
More about X2M Connect Limited
X2M Connect Limited is an Australian technology company specializing in Internet of Things (IoT) solutions for the utilities sector. Their technology connects devices like water, gas, and electricity meters to the internet, enabling data exchange and remote control. The company focuses on the Asia-Pacific region and is expanding globally, with operations in Japan, South Korea, Taiwan, China, and the Middle East.
Average Trading Volume: 1,139,443
Technical Sentiment Signal: Sell
Current Market Cap: A$7.31M
For a thorough assessment of X2M stock, go to TipRanks’ Stock Analysis page.