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NoviqTech Issues New Shares to Strengthen Market Position

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NoviqTech Issues New Shares to Strengthen Market Position

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Tymlez Group Ltd. ( (AU:NVQ) ) has shared an announcement.

NoviqTech Limited has announced the issuance of 21,269,264 fully paid ordinary shares without disclosure to investors, in compliance with the relevant sections of the Corporations Act. This move is part of the company’s ongoing efforts to bolster its financial position and support its strategic initiatives in the tech industry, potentially enhancing its market presence and value for stakeholders.

More about Tymlez Group Ltd.

NoviqTech (ASX: NVQ) is a company that utilizes artificial intelligence and distributed ledger technology to provide reliable solutions for supply chain reporting, carbon emissions tracking, and guarantee of origin. The company aims to support organizations globally in making data-driven decisions and fostering sustainable growth through its platforms.

YTD Price Performance: -44.30%

Average Trading Volume: 9,805

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €11M

For a thorough assessment of NVQ stock, go to TipRanks’ Stock Analysis page.

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