Connected IO Ltd. (AU:CIO) has released an update.
Connected IO Limited has announced a new securities issuance, planning to release a total of 13.5 million ordinary fully paid shares and a combined 27 million in various types of rights and options, with an issue date set for September 3, 2024. The initiative includes performance rights, broker options, and director incentive options, indicating a strategic move to raise capital and incentivize key stakeholders.
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