Nanoveu Limited (ASX: $NVU) voluntary suspension request

Nanoveu Limited (ASX: $NVU) has requested a voluntary suspension of the quotation of its securities on the ASX, effective from the commencement of trading on 4 June 2024. The suspension is sought to facilitate the release of an announcement concerning a capital raising. The company anticipates that the suspension will remain in place until the announcement is made or trading commences on Wednesday, 5 June 2024. Nanoveu Limited's board of directors has authorized this request for release to the ASX.

Executive Commentary

The company has taken the decision to request a voluntary suspension from trading to ensure that all shareholders and the market are informed of the upcoming announcement regarding a capital raising. This temporary halt will allow us to provide all stakeholders with the necessary details and information related to the capital raising initiative. We are committed to maintaining transparency and ensuring that the market is appropriately informed about this significant development.

Summary

Nanoveu Limited (ASX: $NVU) has made a voluntary request to suspend the trading of its securities on the ASX to facilitate the forthcoming announcement of a capital raising. The company aims to keep the market informed and plans to lift the suspension upon the release of the announcement or at the commencement of trading on Wednesday, 5 June 2024. This decision reflects the company's dedication to transparency and ensuring that all stakeholders have access to the relevant information regarding the capital raising initiative. The company's board of directors has authorized this request, emphasizing their commitment to keeping the market informed about this important development.