SkyFii Limited (AU:BEO) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Beonic Limited (ASX:BEO) is addressing a shortfall in its Tranche 2 Placement after a US-based investor, Verde Corporation, failed to meet its financial commitment. The company now plans to offer the shares with attaching options, originally allocated to Verde, to other investors who participated in the earlier placements, with a significant interest already expressed. Beonic aims to finalize subscriptions by early January, keeping stakeholders informed as the situation develops.
For further insights into AU:BEO stock, check out TipRanks’ Stock Analysis page.