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ActivEX Limited ( (AU:AIV) ) has shared an announcement.
ActivEX Limited has announced a successful capital raise of $800,000 through the placement of 50,000,000 fully paid ordinary shares to True Creation Limited at a price of $0.016 per share. This placement represents approximately 18.83% of the company’s enlarged issued share capital and was offered at a discount compared to recent trading prices. The funds raised will be used for the company’s working capital, potentially impacting its operational capabilities and market positioning.
More about ActivEX Limited
Average Trading Volume: 732,987
Technical Sentiment Signal: Sell
Current Market Cap: A$4.53M
For detailed information about AIV stock, go to TipRanks’ Stock Analysis page.