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X2M Connect Limited ( (AU:X2M) ) has shared an update.
X2M Connect Limited has announced a pro-rata non-renounceable entitlement offer to raise approximately $2,262,000. Eligible shareholders can subscribe for 2 new shares for every 5 shares held at an issue price of $0.013 per share, along with 1 new option for every share subscribed. The offer aims to strengthen the company’s financial position and potentially enhance its market presence. Shareholders are encouraged to access the prospectus and related documents online, as no hard copies will be distributed.
More about X2M Connect Limited
Average Trading Volume: 994,234
Technical Sentiment Signal: Sell
Current Market Cap: A$7.83M
Find detailed analytics on X2M stock on TipRanks’ Stock Analysis page.