Newzulu Ltd (ASX: NWZ) has recently been going through a strategic restructure, and the next step will be to re-name the company CrowdSpark Ltd.
Shares last traded at $0.001, and a 200 for 1 consolidation has been proposed.
Newzulu raised $5.8 million during the June quarter 2017, providing it with a firmer financial footing.
The company has recently provided investment into product development and strategic updates have been made to its market leading Software-as-a-Service user-generated content platform.