VR1.ASX: Trading Halt

Trading Halt

Stock	Vection Technologies Ltd (VR1.ASX)
Release Time	28 Apr 2025, 9:43 a.m.
Price Sensitive	Yes

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Vection Technologies Requests Trading Halt for Capital Raising

Key Points

Vection Technologies requests trading halt to announce capital raising
Funds to support expansion of AI business and development of new markets
Trading halt to remain in place until announcement release or April 30

Full Summary

Vection Technologies Ltd, an ASX-listed company (ASX:VR1, OTC:VCTNY), has requested an immediate trading halt on its ordinary shares. The trading halt has been requested to allow the company to make an announcement regarding a capital raising to support the expansion of its AI business and the development of new markets. The trading halt will remain in place until the earlier of the commencement of normal trading on Wednesday, 30 April 2025, or the release of an announcement in relation to the capital raising. Vection Technologies is a growing enterprise-focused company that helps businesses bridge the physical and digital worlds by leveraging 3D data via powerful extended reality (XR) interfaces to foster collaboration, learning, and sales growth.