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EPX Limited Completes $2 Million Private Placement to Fuel Growth

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EPX Limited Completes $2 Million Private Placement to Fuel Growth

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EP&T Global Ltd. ( (AU:EPX) ) has provided an announcement.

EPX Limited has successfully completed a $2 million private placement, issuing 90,909,091 new ordinary shares at A$0.022 each. The funds raised will be used to support sales growth, assess merger and acquisition opportunities, and improve operational technology. This strategic move, backed by institutional shareholders, positions EPX to capitalize on emerging growth opportunities and reinforces its commitment to enhancing energy efficiency in the built environment.

The most recent analyst rating on (AU:EPX) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on EP&T Global Ltd. stock, see the AU:EPX Stock Forecast page.

More about EP&T Global Ltd.

EPX Global Ltd. is a leading provider of building efficiency platforms, offering data as a service to enhance cost and energy efficiency in buildings. The company is renowned for its EDGE cloud technology, which reduces energy costs and greenhouse gas emissions in commercial real estate. EPX’s platform collects and analyzes data from over 700 buildings across 25 countries, delivering significant energy consumption reductions.

Average Trading Volume: 372,506

Technical Sentiment Signal: Buy

For a thorough assessment of EPX stock, go to TipRanks’ Stock Analysis page.

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