middle.news
Locate Technologies Converts Locate2u Royalty Into Equity at Premium
12:51pm on Tuesday 30th of June, 2026 AEST
•
Technology
Read Story
Locate Technologies Converts Locate2u Royalty Into Equity at Premium
12:51pm on Tuesday 30th of June, 2026 AEST
Key Points
10 million new shares issued to PURE Asset Management
Royalty converted at implied 6.8 cents per share premium
Removes 2.5% revenue royalty on Locate2u platform
Transaction improves cash flow and funding simplicity
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Locate Technologies (NZX:LOC)
OPEN ARTICLE