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XReality Group Ltd Announces Proposed Securities Issue

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XReality Group Ltd Announces Proposed Securities Issue

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XReality Group Ltd ( (AU:XRG) ) has provided an update.

XReality Group Ltd has announced a proposed issue of up to 1,881,840 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a placement or other type of issue, aimed at expanding the company’s capital base, which may potentially enhance its market positioning and provide additional resources for its operations. The proposed issue date is set for February 6, 2025.

More about XReality Group Ltd

YTD Price Performance: 40.0%

Average Trading Volume: 700,908

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$23.9M

See more data about XRG stock on TipRanks’ Stock Analysis page.

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