An update from Vection Technologies Ltd. ( (AU:VR1) ) is now available.
Vection Technologies Ltd has completed the issuance of 236,666,668 fully paid ordinary shares and 128,983,334 VR1O listed options as part of a placement announced on April 29, 2025. This issuance was conducted under the company’s available capacity according to Listing Rule 7.1 and 7.1A, allowing the shares and options to be sold without disclosure under specific sections of the Corporations Act. This move is expected to enhance the company’s financial flexibility and market positioning.
More about Vection Technologies Ltd.
Vection Technologies Ltd is a company operating in the technology industry, with a focus on providing innovative solutions. The company has a global presence with offices in cities such as Perth, Sydney, San Francisco, Milan, Bologna, Rome, Bari, Abu Dhabi, and Ahmedabad.
YTD Price Performance: -53.33%
Average Trading Volume: 4,170,694
Technical Sentiment Signal: Buy
Current Market Cap: A$21.43M
See more insights into VR1 stock on TipRanks’ Stock Analysis page.