FilingReader Intelligence

Acsion cautions shareholders on potential acquisition negotiations

April 17, 2025 at 09:02 PM UTCBy FilingReader AI

Johannesburg, 17 April 2025 - Acsion Limited (JSE: ACSE) has issued an updated cautionary announcement, advising shareholders to remain cautious when dealing in the company's securities. This follows a previous announcement on 27 March 2025. The company is currently engaged in negotiations with a non-related third party regarding a potential acquisition. While these negotiations are in progress, there is no certainty that they will result in a formal transaction. Acsion cautions that if successfully concluded, this acquisition could have a material impact on the price of the company's securities. Shareholders are advised to continue exercising caution until further announcements are made. Merchantec Capital is acting as the sponsor for Acsion Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:ACSEJohannesburg Stock Exchange

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