X2M Connect Limited (AU:X2M) has released an update.
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X2M Connect Limited has announced a new proposed issue of 50,018,755 ordinary fully paid securities, with the ex-date set for August 21, 2024, and a record date following on August 22, 2024. The offer is slated to close on September 11, 2024, with the issue date marked for September 17, 2024. This proposed standard pro rata issue is non-renounceable, and part of the company’s strategic financial maneuvers.
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