tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yojee Limited Issues New Shares to Bolster Growth

Story Highlights
Yojee Limited Issues New Shares to Bolster Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Yojee Ltd. ( (AU:YOJ) ) has provided an announcement.

Yojee Limited has announced the issuance of 14,273,125 fully paid ordinary shares to professional and institutional investors as part of the first tranche of a placement, along with 5,643,700 shares on the exercise of performance rights. This move, authorized by the Board, is expected to enhance the company’s capital structure, potentially impacting its operations and positioning within the logistics technology industry by supporting further growth and innovation.

More about Yojee Ltd.

Yojee Limited is a leading logistics technology company that focuses on simplifying freight operations through digital innovation. The company’s platform enables logistics providers to consolidate complex supply chain networks into a single, intuitive system, optimizing workflows and providing real-time visibility for efficient movement of air, ocean, and road freight.

Average Trading Volume: 413,552

Technical Sentiment Signal: Hold

Current Market Cap: A$148M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1