Gratifii Ltd (AU:GTI) has released an update.
Gratifii Limited is set to bolster its financial position by launching a $5.5 million entitlement offer, allowing eligible shareholders to purchase new shares at $0.004 each. The offer is partially underwritten and includes a pro-rata entitlement where shareholders can acquire 1 new share for every 1.28 shares already owned. The company advises shareholders that this investment is speculative and urges them to read the prospectus carefully or seek professional advice.
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