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ZIMI Ltd ( (AU:ZMM) ) just unveiled an update.
ZIMI Limited has announced a proposed issue of securities, with a total of 40,599,717 ordinary fully paid securities to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for April 29, 2025. The announcement indicates that these securities may be quoted on the ASX, pending agreement from the ASX. This development could impact ZIMI Limited’s market positioning by potentially increasing its capital base and providing more liquidity for stakeholders.
More about ZIMI Ltd
Average Trading Volume: 182,601
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.48M
For an in-depth examination of ZMM stock, go to TipRanks’ Stock Analysis page.