tiprankstipranks
Company Announcements

Veris Limited Expands Through Strategic Acquisition

Story Highlights
Veris Limited Expands Through Strategic Acquisition

The latest announcement is out from Veris Limited ( (AU:VRS) ).

Veris Limited has completed the issuance of over 11 million fully paid ordinary shares as part of its acquisition of Spatial Vision Innovations Pty Ltd. This strategic move is expected to enhance Veris Limited’s capabilities in spatial data and geospatial solutions, potentially strengthening its market position and offering new opportunities for growth.

More about Veris Limited

Veris Limited operates in the professional services industry, focusing on providing surveying, spatial data, and geospatial solutions. The company is known for its expertise in delivering innovative spatial solutions and has a strong market presence in Australia.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €16.45M

See more insights into VRS stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1