X2M Connect Limited (AU:X2M) has released an update.
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X2M Connect Limited has announced a new securities placement, proposing the issue of 8,750,000 ordinary fully paid shares under the ASX code. The intended issue date for these securities is set for July 17, 2024. This strategic move aims to bring fresh capital to the company and could present new investment opportunities for market participants.
For further insights into AU:X2M stock, check out TipRanks’ Stock Analysis page.