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Locate Technologies Restructures Capital Facilities and Expands in New Zealand

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Locate Technologies Restructures Capital Facilities and Expands in New Zealand

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The latest update is out from Zoom2u Technologies Ltd. ( (AU:LOC) ).

Locate Technologies Limited has terminated its At-The-Market Facility Agreement with Novus Capital Limited and entered into a buy-back agreement for the cancellation of shares issued as collateral. Additionally, Locate NZ, a subsidiary, has initiated a new NZ$10 million ATM Facility to support its Bitcoin Treasury Strategy and facilitate capital raising in New Zealand, pending shareholder approval.

More about Zoom2u Technologies Ltd.

Locate Technologies harnesses AI, cloud infrastructure, and SaaS technology to enhance last-mile delivery and logistics operations. Through platforms like Locate2u, Zoom2u, and Shred2u, the company offers solutions for delivery management, route planning, and real-time visibility for businesses.

Average Trading Volume: 270,247

Technical Sentiment Signal: Sell

See more data about LOC stock on TipRanks’ Stock Analysis page.

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