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The latest announcement is out from Norwood Systems Ltd ( (AU:NOR) ).
Norwood Systems Ltd has announced the issuance of 13,498,650 unquoted equity securities in the form of options expiring on December 31, 2026, with an exercise price of $0.03. This issuance is part of previously announced transactions and not intended for public listing on the ASX, indicating strategic financial maneuvers that may impact the company’s capital structure and stakeholder interests.
More about Norwood Systems Ltd
Norwood Systems Ltd operates in the telecommunications industry, focusing on providing innovative communication solutions. The company is known for developing services and products that enhance connectivity, targeting both consumer and enterprise markets.
YTD Price Performance: -6.67%
Average Trading Volume: 142,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €8.86M
Learn more about NOR stock on TipRanks’ Stock Analysis page.
