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X2M Connect to Hold General Meeting for Securities Issuance Approval

Story Highlights
  • X2M Connect plans a General Meeting to ratify and approve securities issuance.
  • The meeting will address resetting placement capacity under ASX rules for operational flexibility.
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X2M Connect to Hold General Meeting for Securities Issuance Approval

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

X2M Connect Limited has announced a General Meeting to be held via video conference on July 31, 2025, where shareholders will vote on the ratification and approval of the issuance of securities. The resolutions aim to reset the company’s placement capacity under ASX Listing Rules 7.1 and 7.1A and seek shareholder approval for issuing securities beyond these capacities. This move is significant for the company’s operational flexibility and may impact its market strategy and stakeholder interests.

More about X2M Connect Limited

Average Trading Volume: 631,259

Technical Sentiment Signal: Sell

Current Market Cap: A$6.96M

See more insights into X2M stock on TipRanks’ Stock Analysis page.

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