IOUpay Limited (AU:OVT) has released an update.
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Ovanti Limited has announced a proposed issuance of up to 162.5 million fully paid ordinary securities, with the issuance expected to take place on December 1, 2025. This move is part of the company’s strategic efforts to raise capital and strengthen its market position on the Australian Securities Exchange (ASX). Investors will be watching how this large-scale issuance impacts Ovanti’s financial performance and stock valuation.
For further insights into AU:OVT stock, check out TipRanks’ Stock Analysis page.