Qantm Intellectual Property Ltd. (AU:QIP) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
QANTM Intellectual Property Ltd. has requested to suspend trading of its shares on the Australian Securities Exchange (ASX) to facilitate a takeover by Fox BidCo Pty Ltd, an entity backed by Adamantem Capital Management. The suspension, effective from the close of trading on August 5, 2024, will precede the company’s removal from the ASX official list expected by August 20, 2024, following the implementation of the acquisition scheme.
For further insights into AU:QIP stock, check out TipRanks’ Stock Analysis page.