Intelligent Monitoring Group Plans Major Securities Issue
Company Announcements

Intelligent Monitoring Group Plans Major Securities Issue

Intelligent Monitoring Group Limited (AU:IMB) has released an update.

Intelligent Monitoring Group Limited has announced a proposed issue of securities, planning to release up to 6,250,000 shares under a securities purchase plan and 41,666,667 shares through a placement. This move, scheduled between November and December 2024, aims to bolster the company’s financial position and attract investor interest. The initiative is set to enhance the company’s market presence on the ASX.

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

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