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Beam Communications Secures AU$4.1M Settlement Ahead of Zoleo Stake Sale
2:42am on Monday 2nd of June, 2025 AEST
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Beam Communications Secures AU$4.1M Settlement Ahead of Zoleo Stake Sale
2:42am on Monday 2nd of June, 2025 AEST
Key Points
Settlement agreement with Roadpost Inc. for AU$4.1 million
Payment includes early payout of royalties and inventory adjustments
Sale of Beam’s 50% stake in Zoleo Inc. to be valued independently
Sale proceeds payable over 36 months with legal protections
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