Zip Co Ltd. (AU:ZIP) has released an update.
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Zip Co Ltd has announced a new securities issue, proposing to release a total of 175,657,895 ordinary fully paid shares. This will include an offer under a securities purchase plan and a separate placement, with record and issue dates spanning from July 16 to August 21, 2024. The financial community is keenly observing how this move will influence Zip Co’s market position and stock performance.
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