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YPB Group Ltd. ( (AU:CDE) ) just unveiled an update.
Codeifai Limited has successfully raised $2.35 million through a share placement, issuing 117,650,000 shares at $0.02 each, along with options for investors. The funds will be used for business development and the commercialization of the AntennaTransfer.io platform, to be rebranded as QuantumAI Secure. The company is also pursuing acquisitions and aims to strengthen its market presence in the U.S., aligning with its strategic focus on quantum computing and AI. The placement highlights Codeifai’s commitment to growth and expansion, potentially benefiting stakeholders through increased market reach and technological advancements.
More about YPB Group Ltd.
Codeifai Limited operates in the technology industry, focusing on quantum computing and artificial intelligence solutions. The company is involved in the commercialization of quantum secured payment and file transfer platforms and aims to expand its presence in the U.S. markets, which are central to the quantum computing and AI ecosystems.
Average Trading Volume: 10,522,221
Technical Sentiment Signal: Sell
Current Market Cap: A$12.27M
For an in-depth examination of CDE stock, go to TipRanks’ Overview page.