X2M Connect Limited (AU:X2M) has released an update.
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X2M Connect Limited (ASX:X2M), an Australian IoT company, has announced a trading halt on its securities as it prepares to release information on a capital raising initiative. The company specializes in connecting utility devices to the internet, offering improvements in productivity and safety for enterprise and government clients. With over 530,000 devices connected, X2M continues to expand its presence in the growing IoT and utility sectors.
For further insights into AU:X2M stock, check out TipRanks’ Stock Analysis page.