Intelligent Monitoring Group Limited (AU:IMB) has released an update.
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Intelligent Monitoring Group Limited has issued 3,448,276 ordinary shares at $0.58 each as part of the acquisition of Dataline Visual Link Pty Ltd. These shares, issued under existing placement capacity, are subject to a voluntary escrow until June 2025. This strategic move reflects the company’s ongoing growth and expansion efforts in the technology sector.
For further insights into AU:IMB stock, check out TipRanks’ Stock Analysis page.
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