Ondo InsurTech Plc (GB:ONDO) has released an update.
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Ondo InsurTech Plc, a leader in water leak prevention technology, has announced the issuance of 887,500 new ordinary shares following warrant exercises, with these shares set to be listed on the London Stock Exchange’s Main Market. This move increases the company’s total share capital to 118,076,787 ordinary shares, enhancing its presence in the financial market. Ondo’s innovative LeakBot technology, which significantly reduces water damage claims, continues to expand globally through partnerships with major insurance carriers.
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