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Why Is Swoop Backing Vonex’s $6.17M Buyout by MaxoTel?
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 Buyout by MaxoTel?
7:01am on Saturday 5th of July, 2025 AEST
Key Points
Swoop holds 22.8% of Vonex shares via subsidiary
Supports MaxoTel’s 3.6 cents per share acquisition offer
Intends to vote all 171 million shares in favour of the Scheme
Exit expected to generate approximately $6.17 million in cash
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