IXUP Ltd. (AU:IXU) has released an update.
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The John & Myriam Wylie Foundation has become a substantial holder in IXUP Ltd., acquiring a 6.2% voting power with 125 million ordinary shares. This strategic move was facilitated through Canaccord Genuity Financial Limited, marking a significant investment in the company. The acquisition, valued at $1.25 million, highlights the foundation’s confidence in the potential growth of IXUP Ltd.
For further insights into AU:IXU stock, check out TipRanks’ Stock Analysis page.