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The latest announcement is out from DomaCom Ltd. ( (AU:AOH) ).
Assetora Limited has entered into a binding Share Subscription Agreement with CloudTech Group Pty Ltd for a $3 million private placement to be executed in two tranches. This strategic investment is expected to strengthen Assetora’s balance sheet, support its growth initiatives, and enhance its market positioning by allowing the company to expand its investment platform and launch new funds. The agreement also grants CloudTech participation rights in future debt and equity raises, reflecting a strong vote of confidence in Assetora’s vision and growth trajectory.
More about DomaCom Ltd.
Assetora Limited is a company listed on the Australian Securities Exchange (ASX) that operates in the financial services sector. It focuses on providing investment platforms and launching new funds, aiming to expand its market presence and capitalize on growth opportunities.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.79M
For detailed information about AOH stock, go to TipRanks’ Stock Analysis page.