Zip Co Ltd. (AU:ZIP) has released an update.
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Zip Co Limited has announced the issuance of 139,102,565 new shares to institutional investors at A$1.56 each, following a fully underwritten placement. This move, detailed in previous announcements, was made without the need for disclosure under the Corporations Act, with the company affirming compliance with all necessary provisions. Zip Co is known for providing innovative financial services in Australia, New Zealand, and the US, focusing on fair and transparent payment options.
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