Opyl's voluntary suspension for equity raising

Opyl Limited (ASX:$OPL) has requested a voluntary suspension of its securities under Listing Rule 17.2 in connection with a proposed equity raising for a capital raise. The voluntary suspension is aimed at extending the time for the company to launch an Entitlement Offer.

Executive Commentary on Voluntary Suspension

The voluntary suspension of Opyl's securities is a strategic move to facilitate the proposed equity raising through a capital raise and the launch of an Entitlement Offer. This decision has been authorized by the Board of Opyl Limited.

Summary of Opyl's Voluntary Suspension

Opyl Limited (ASX:OPL) has requested a voluntary suspension of its securities to facilitate a proposed equity raising through a capital raise and the launch of an Entitlement Offer. The company aims to extend the time for these initiatives. The Board of Opyl Limited has authorized this decision, and the company is awaiting the release of an announcement relating to the voluntary suspension.