AssetOwl Limited (AU:AO1) has released an update.
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AssetOwl Limited has successfully raised $100,000 through a convertible note to support its working capital requirements and announced key board changes, including the retirement of Ms. Marene Ter and the appointment of Mr. Alastair Gillespie as the new chairman and Mr. Bevan Dooley as a new board member. The company is actively reviewing its operations to enhance shareholder value and has secured a $300,000 loan facility from Pacific Equity Investors Inc to bolster its working capital.
For further insights into AU:AO1 stock, check out TipRanks’ Stock Analysis page.