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Why Is Swoop Backing Vonex’s $6.17M MaxoTel Deal?
7:01am on Saturday 5th of July, 2025 AEST
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Telecommunications
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Why Is Swoop Backing Vonex’s $6.17M MaxoTel Deal?
7:01am on Saturday 5th of July, 2025 AEST
Key Points
Swoop holds 22.8% of Vonex shares via subsidiary
Supports MaxoTel’s $0.036 per share acquisition offer
Plans to vote all shares in favour absent superior bids
Exit to yield approximately $6.17 million in cash proceeds
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