DXN Limited has announced that they have received A$2,000,000 in cash as part of their exclusivity and licensing fees associated to an Exclusive Global Distribution License Agreement (EGDLA) and Exclusive Global Consulting Services Agreement (EGCSA) with Flow2Edge Holdings I Pte Ltd (Flow).

DXN has also received the first quarterly payment of A$125,000 related to the EGCSA.

They are in the process of delivering design orders for modular data centres, and have received non-binding indicative offers to acquire their data centre assets.

They will keep shareholders updated on the progress of negotiations.