Activeport Group Limited (AU:ATV) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Activeport Group Ltd has successfully completed its entitlement offer, raising over $2.6 million and issuing new shares and options. The funds will be used to expand staff, grow recurring revenue, and repay existing loans, signaling strong investor confidence. The commitment from Hong-Kong based MWP Partners further boosts the company’s financial outlook, with potential additional funding pushing the total to over $4.6 million.
For further insights into AU:ATV stock, check out TipRanks’ Stock Analysis page.