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Zoono Group Limited Announces Proposed Securities Issue

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Zoono Group Limited Announces Proposed Securities Issue

Confident Investing Starts Here:

Zoono Group Limited ( (AU:ZNO) ) just unveiled an update.

Zoono Group Limited has announced a proposed issue of 50,776,259 ordinary fully paid securities through a non-renounceable pro rata offer. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning by enhancing its financial resources for future growth and operations.

More about Zoono Group Limited

Zoono Group Limited operates in the biotechnology industry, focusing on the development and distribution of antimicrobial solutions. The company’s primary products include long-lasting antimicrobial sprays and sanitizers, which are marketed to various sectors including healthcare, consumer goods, and industrial applications.

Average Trading Volume: 721,286

Technical Sentiment Signal: Hold

Current Market Cap: A$11.37M

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

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