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Micro-X Ltd. Announces New Securities Issuance

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Micro-X Ltd. Announces New Securities Issuance

Micro-X Ltd. ( (AU:MX1) ) has shared an announcement.

Micro-X Ltd. has announced the issuance of 26,666,667 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) on March 5, 2025. This move is part of a previously announced transaction and is expected to bolster the company’s financial position, potentially enhancing its market presence and operational capabilities.

More about Micro-X Ltd.

Micro-X Ltd. operates in the technology industry, focusing on the development and production of innovative X-ray imaging products. The company is known for its portable and lightweight X-ray systems, which are designed to enhance medical imaging and security screening capabilities.

YTD Price Performance: -20.0%

Average Trading Volume: 514,502

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$41.09M

Find detailed analytics on MX1 stock on TipRanks’ Stock Analysis page.

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