XPON Technologies Group Ltd. (AU:XPN) has released an update.
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XPON Technologies Group Ltd. has announced a new securities offering under a securities purchase plan, with a proposed issue of 16,666,667 ordinary fully paid shares. The record date for the offering is set for April 23, 2024, and the offer will close on May 21, 2024, with an issue date of May 27, 2024. This move indicates XPON’s efforts to raise capital and could potentially interest investors looking to participate in the company’s growth.
For further insights into AU:XPN stock, check out TipRanks’ Stock Analysis page.