Response to ASX Price and Volume Query

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Stock Adisyn Ltd (AI1.ASX)
Release Time 30 Dec 2024, 4:40 p.m.
Price Sensitive Yes
 Adisyn Ltd Responds to ASX Price and Volume Query
Key Points
  • Adisyn Ltd (ASX: AI1) responds to ASX price and volume query
  • No undisclosed information that could explain recent trading
  • Company announced successful completion of due diligence for 2D Generation acquisition
Full Summary

Adisyn Ltd (ASX: AI1) has responded to an ASX price and volume query regarding the change in the price of its securities from a low of $0.074 on 27 December 2024 to an intraday high of $0.095 on 30 December 2024, as well as the significant increase in trading volume. The company stated that it is not aware of any information concerning it that has not been announced to the market and which could explain the recent trading. Adisyn confirmed that it is complying with the Listing Rules, particularly Listing Rule 3.1, and that its responses have been authorized and approved under its published continuous disclosure policy or by its board or an officer with delegated authority. The company noted that on 18 December 2024, it had announced the successful completion of due diligence for the acquisition of 2D Generation and that it is progressing to settlement in January 2025.