ZIMI Ltd (AU:ZMM) has released an update.
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ZIMI Ltd has announced the issuance of 237.5 million fully paid ordinary shares under a Shortfall Placement, set to conclude by December 26, 2024. This move comes as part of its strategic efforts to bolster its financial position and attract investor interest. The shares will be available for trading on the ASX starting November 4, 2024.
For further insights into AU:ZMM stock, check out TipRanks’ Stock Analysis page.