Tag: steve_orenstein
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Locate Technologies Completes Refinancing and Repays PURE Facility in Full
The A$4,039,254.79 PURE Asset Management debt was cleared ahead of its November 2026 maturity using a new A$3.5 million senior secured facility and a A$1.0 million convertible note.
BusinessAustraliaFinancial MarketsBankingComputers and InternetArtificial IntelligenceEconomy Locate Technologies LimitedPURE Asset Managementrefinancingconvertible noteNZXAchim Beyachad Pty LtdDB Superannuation FundLocate Technologiesdebt refinancingNZX:LOCSteve Orenstein
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Locate Technologies Sells Entire 12.3 Bitcoin Holding, Citing AI and Quantum Security Risks
Locate Technologies sold its entire 12.3 Bitcoin holding for about NZ$1.7 million, citing rising security risks from AI and quantum computing uncertainty, and will hold the proceeds in cash.
BusinessScience & TechnologyFinancial MarketsComputers and InternetArtificial IntelligenceBanking Locate Technologies LimitedBitcoinNZXcryptocurrencyquantum computingSteve Orenstein
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Locate Technologies Posts Q1 Net Profit of NZ$62k as Locate2u Revenue Jumps 72%
Locate Technologies swung to a NZ$62k first-quarter net profit as Locate2u revenue rose 72% to NZ$1.50m, with CEO Steve Orenstein presenting the unaudited Q1 FY27 results at an investor webinar.
BusinessScience & TechnologyFinancial MarketsComputers and InternetArtificial IntelligenceEconomy Locate Technologies LimitedLocate2uSteve OrensteinQ1 FY27 resultsZoom2uNZX: LOCBitcoin treasury