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Dotz Nano Limited ( (AU:DTZ) ) has provided an update.
Dotz Nano Limited has raised approximately A$2.0 million through a private placement involving institutional and sophisticated investors, with half of the funding coming from new investors. This capital injection will support the company’s working capital needs and bolster its efforts to further commercialize its innovative carbon capture technology, which has received positive recognition from market and industry leaders. Positioned as a leader in the expanding sorbent market, the company aims to accelerate the rollout of its carbon management solutions, potentially boosting its competitive position in the industry.
More about Dotz Nano Limited
Dotz Nano Limited (ASX: DTZ) is a technology company specializing in material science and nanotechnologies aimed at addressing industrial and environmental challenges. The company focuses on creating high-performance sorbent materials for Direct Air Capture (DAC) and Point Source CO₂ Mitigation, supporting economically viable carbon management solutions while driving innovation and sustainability.
Average Trading Volume: 996,068
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$27.34M
See more insights into DTZ stock on TipRanks’ Stock Analysis page.