Voluntary Suspension

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Stock Micro-X Ltd (MX1.ASX)
Release Time 4 Feb 2025, 8:49 a.m.
Price Sensitive Yes
 Micro-X Ltd Requests Voluntary Suspension
Key Points
  • Micro-X Ltd requests voluntary suspension of its shares
  • Pending announcement regarding an equity raising
  • Suspension expected to remain in place until equity raising announcement or Monday 10 February 2025
Full Summary

Micro-X Ltd (ASX:MX1) has requested a voluntary suspension of its shares under Listing Rule 17.2. The suspension has been requested pending an announcement by the company in relation to an equity raising. At this stage, the company expects the voluntary suspension to remain in place until the earlier of the company releasing an announcement to the market in relation to the outcome of the proposed equity raising and the commencement of normal trading on Monday 10 February 2025. The company advises that it is not aware of any reason why the voluntary suspension should not be granted and that it is not aware of any further information necessary to inform the market of the suspension at this time.