Ondo InsurTech Plc (GB:ONDO) has released an update.
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Ondo InsurTech Plc, a leader in water leak prevention technology, has expanded its share capital with the issuance of 887,500 new ordinary shares following warrant exercises. These shares will be traded on the London Stock Exchange, bringing the company’s total voting shares to 118,076,787. This move is part of Ondo’s ongoing efforts to scale up its innovative LeakBot technology, which significantly reduces the cost of water damage claims.
For further insights into GB:ONDO stock, check out TipRanks’ Stock Analysis page.
