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X2M Connect Limited Issues New Securities, Affirms Compliance

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X2M Connect Limited Issues New Securities, Affirms Compliance

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An update from X2M Connect Limited ( (AU:X2M) ) is now available.

X2M Connect Limited has issued fully paid ordinary shares and/or options without disclosure to investors under specific sections of the Corporations Act. The company confirms compliance with relevant provisions and states there is no excluded information as per the Act. This announcement reflects X2M’s ongoing efforts to enhance its financial operations, potentially impacting its market positioning and stakeholder interests.

More about X2M Connect Limited

X2M Connect Limited is an Australian technology company specializing in Internet of Things (IoT) solutions for the utilities sector. Their technology connects devices like water, gas, and electricity meters to the internet, facilitating data exchange and remote control. The company focuses on the Asia-Pacific region and aims to expand globally, with operations in Japan, South Korea, Taiwan, China, and a new licensing agreement in the Middle East.

Average Trading Volume: 864,566

Technical Sentiment Signal: Sell

Current Market Cap: A$15.13M

See more data about X2M stock on TipRanks’ Stock Analysis page.

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