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SkyFii Limited ( (AU:BEO) ) has provided an announcement.
Beonic, a company listed on the ASX under the symbol BEO, has successfully raised A$3.74 million in capital to support its growth strategy, provide working capital, and refinance existing debt. This capital raise, primarily supported by Thorney Investment Group and key company stakeholders, will be used to accelerate Beonic’s product development and innovation initiatives, repay debt due in January 2026, and expedite the North African Airport Project, which is the largest contract of its kind in the region.
More about SkyFii Limited
Average Trading Volume: 41,866
Technical Sentiment Signal: Buy
Current Market Cap: A$18.91M
Learn more about BEO stock on TipRanks’ Stock Analysis page.