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Magnis Energy Technologies Limited ( (AU:RYZ) ) has provided an update.
Ryzon Materials Limited has announced an update regarding its agreement with Xinhai, where the share-based payment element of their detailed engineering contract has been increased from 80% to 100% of the contract value. This adjustment signifies a stronger commitment to utilizing equity-based compensation, potentially impacting the company’s financial structuring and stakeholder interests.
More about Magnis Energy Technologies Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$50.38M
For a thorough assessment of RYZ stock, go to TipRanks’ Stock Analysis page.