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Yojee Limited Issues New Shares to Boost Growth

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Yojee Limited Issues New Shares to Boost Growth

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Yojee Ltd. ( (AU:YOJ) ) has shared an update.

Yojee Limited has issued 2,289,375 fully paid ordinary shares to professional and institutional investors as part of a placement announced earlier, along with 500,000 shares from the exercise of vested performance rights. This move is part of Yojee’s strategy to strengthen its financial position and support its growth initiatives in the logistics technology sector, potentially enhancing its market presence and operational capabilities.

More about Yojee Ltd.

Yojee is a leading logistics technology company focused on simplifying freight operations through digital innovation. Their platform allows logistics providers to consolidate complex supply chain networks into a single, intuitive system, enhancing performance and driving growth in the rapidly evolving logistics industry.

Average Trading Volume: 467,316

Technical Sentiment Signal: Hold

Current Market Cap: A$158.7M

Find detailed analytics on YOJ stock on TipRanks’ Stock Analysis page.

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