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Fortifai Limited Secures $2.3 Million in Upsized Placement

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Fortifai Limited Secures $2.3 Million in Upsized Placement

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Mighty Kingdom Ltd ( (AU:MKL) ) has provided an announcement.

Fortifai Limited has successfully secured $2.3 million through an upsized Additional Placement, with strong backing from existing and new investors. The funds will enhance the company’s cash position, supporting ongoing operations, product development, and strategic growth initiatives, including the expansion of its AI Gaming Lab and technology partnerships.

More about Mighty Kingdom Ltd

Fortifai Limited, formerly known as Mighty Kingdom Limited, operates in the AI gaming industry. The company focuses on developing innovative gaming solutions and technology partnerships through its AI Gaming Lab, aiming to expand its capabilities and pursue growth opportunities.

Average Trading Volume: 1,496,515

Technical Sentiment Signal: Sell

Current Market Cap: A$7.23M

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

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