Adisyn Ltd (ASX:AI1) Responds to ASX Price Query
Market Response
Adisyn Ltd (ASX: AI1) has confirmed it is not aware of any undisclosed information that could explain its recent trading activity. The company addressed ASX’s inquiries regarding the price increase and heightened trading volume of its securities.
Recent Developments
On December 18, 2024, Adisyn announced the successful completion of due diligence for its acquisition of 2D Generation. The company is now progressing towards settlement, which is anticipated to occur in January 2025.
Regulatory Compliance
Adisyn Ltd has stated it is complying with the ASX listing rules and confirmed that its responses to ASX questions are authorized by its management. The company reassured stakeholders that it adheres to its ongoing disclosure obligations.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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