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Flexiroam Ltd ( (AU:FRX) ) has shared an announcement.
Flexiroam Ltd has announced a non-renounceable entitlement offer to raise up to $3.93 million through the issuance of new shares. The offer is partially underwritten and aims to maintain shareholder equity while allowing eligible shareholders in specific regions to purchase additional shares and participate in any shortfall, ensuring a stable control structure.
More about Flexiroam Ltd
Flexiroam Ltd operates in the telecommunications industry, providing international roaming services. The company focuses on offering global connectivity solutions through its range of data plans and partnerships with local mobile networks.
YTD Price Performance: 0%
Average Trading Volume: 508,560
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.86M
For an in-depth examination of FRX stock, go to TipRanks’ Stock Analysis page.