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Locate Technologies Initiates IPO on New Zealand Exchange

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Locate Technologies Initiates IPO on New Zealand Exchange

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Zoom2u Technologies Ltd. ( (AU:LOC) ) just unveiled an announcement.

Locate Technologies Limited has announced the lodging of its Product Disclosure Statement for the IPO of Locate NZ on the New Zealand Exchange, marking a strategic shift to a more flexible capital market environment. This move aligns with the company’s Bitcoin Treasury Strategy and long-term growth objectives, aiming to raise a minimum of NZ$1 million in new capital with an offer price of AU$0.068 per share, open to all investors until 24 November 2025.

More about Zoom2u Technologies Ltd.

Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. The company offers platforms like Locate2u, Zoom2u, and Shred2u, providing scalable solutions for delivery management, route optimization, and real-time visibility for businesses.

Average Trading Volume: 248,791

Technical Sentiment Signal: Sell

See more insights into LOC stock on TipRanks’ Stock Analysis page.

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