tiprankstipranks
Zimi Limited Gains New Investment and Strategic Partnership
Company Announcements

Zimi Limited Gains New Investment and Strategic Partnership

ZIMI Ltd (AU:ZMM) has released an update.

Don't Miss Our Christmas Offers:

Zimi Limited has secured $2.375 million through a shortfall placement, with Zencontrol taking a strategic 19.3% stake in the company. This investment will enhance Zimi’s growth plans, including new board appointments to drive its market expansion. The partnership with Zencontrol focuses on leveraging synergies in product manufacturing and reducing costs.

For further insights into AU:ZMM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App