Jaxsta Limited (AU:VNL) has released an update.
Vinyl Group Ltd, the sole ASX-listed music company in Australia, has announced a fully underwritten entitlement offer to raise approximately AUD 5.4 million. This offer will allow shareholders to acquire one new share for every 17 they own as of the record date on 17 June 2024. The company has confirmed compliance with the relevant provisions of the Corporations Act and does not anticipate any significant changes in company control as a result of the new share issuance.
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