NOVONIX Ltd Sponsored ADR (NVX) has released an update.
NOVONIX LIMITED has announced the application for quotation of additional securities on the ASX, following the exercise of options and conversion of convertible securities. A total of 46,005 new ordinary shares will be quoted, issued at an estimated value of AUD 0.545000 each upon the vesting of employee performance rights. Post-quotation, the company’s issued capital will include 493,713,802 ordinary fully paid shares.
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