Gratifii Ltd (AU:GTI) has released an update.
Gratifii Limited is set to bolster its financial position through a fundraising initiative that invites eligible shareholders to participate in an accelerated non-renounceable entitlement offer, aimed at raising approximately $5.5 million. The offer allows shareholders to purchase 1 new share at $0.004 each for every 1.28 shares they currently hold, with additional shares available under a shortfall facility. Given the speculative nature of such investments, the company advises shareholders to read the prospectus thoroughly and consult their professional advisers.
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