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The latest update is out from FBR Limited ( (AU:FBR) ).
FBR Limited has entered into a share subscription agreement with Olderfleet Capital Corp Pty Ltd to facilitate the implementation of a Share Subscription Facility (SSF) with GEM Global Yield LLC SCS. This agreement allows FBR to issue shares to Olderfleet as part of the SSF, enhancing its financial flexibility and potentially impacting its market positioning by enabling further investment in its innovative robotic technologies.
More about FBR Limited
FBR Limited is a robotic technology company that designs, develops, and builds dynamically stabilized robots to address global needs in a safer, more efficient, and sustainable manner. Their core technology, Dynamic Stabilisation Technology (DST®), is applied in products such as the Hadrian X®, a bricklaying robot, and Mantis™, a high deposition welding robot for large-scale metal fabrication industries.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$23.67M
See more data about FBR stock on TipRanks’ Stock Analysis page.