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Mobilicom Ltd. ADR ( (MOB) ) just unveiled an announcement.
On February 3, 2025, Mobilicom Limited announced an At-The-Market Sales Agreement with ThinkEquity LLC, allowing the company to offer and sell American Depositary Shares (ADSs) worth up to $10 million. This strategic move, facilitated through a shelf registration statement, aims to enhance the company’s financial flexibility and market reach within the United States, potentially impacting its operations and offering increased opportunities for stakeholders.
More about Mobilicom Ltd. ADR
Mobilicom Ltd. is an Australian company operating in the communications technology industry, primarily focusing on developing and selling secure wireless communication solutions for mission-critical and remote mobile private networks. The company targets sectors such as defense, public safety, and unmanned systems, providing innovative products that ensure reliable and secure communications.
YTD Price Performance: -18.44%
Average Trading Volume: 602,469
Technical Sentiment Consensus Rating: Sell
See more data about MOB stock on TipRanks’ Stock Analysis page.
