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Connected IO Ltd Plans Capital Consolidation
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Connected IO Ltd Plans Capital Consolidation

Connected IO Ltd. (AU:CIO) has released an update.

Connected IO Limited has announced a general meeting for shareholders to be held on July 26, 2024, in Perth, Australia, to vote on two key resolutions. The proposed resolutions include a significant capital consolidation that will convert every 20 shares into one share, and a vote on a major change in the nature and scale of the company’s activities. Shareholders are advised to consult their financial advisors if they have any questions regarding the upcoming meeting and proposed changes.

For further insights into AU:CIO stock, check out TipRanks’ Stock Analysis page.

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