Norwood Systems Ltd (AU:NOR) has released an update.
Norwood Systems Ltd has successfully issued 1.5 million shares following the exercise of options by director Dr. John Tarrant. The new shares were issued without disclosure under specific provisions of the Corporations Act, with the company confirming compliance with relevant financial reporting and continuous disclosure obligations. This strategic move strengthens Norwood’s position as a key player in advanced voice communication services and AI technologies.
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