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Beonic Limited Achieves SPP Funding Milestone
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Beonic Limited Achieves SPP Funding Milestone

SkyFii Limited (AU:BEO) has released an update.

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Beonic Limited has successfully completed its Share Purchase Plan (SPP), raising A$375,000 through the issuance of 17,045,469 new shares at A$0.022 each, along with accompanying options. This capital boost is aimed at enhancing the company’s strategic initiatives and growth, particularly in its airport and retail IoT solutions sector. The newly acquired funds are set to propel Beonic towards achieving a stable cash flow.

For further insights into AU:BEO stock, check out TipRanks’ Stock Analysis page.

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