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The latest update is out from Frugl Group Limited ( (AU:IFG) ).
InFocus Group Holdings Limited has extended its convertible note financing facility with Obsidian Global GP LLC, allowing it to draw an additional AUD 1 million, pending shareholder approval. This funding will support the company’s expanding software solutions operations in Thailand and new ventures in the iGaming sector, reflecting its strategic growth initiatives.
More about Frugl Group Limited
InFocus Group Holdings Limited (IFG) is a data intelligence and software solutions company specializing in data analytics, software, and platform development. It operates through several units, including InFocus Analytics, the Frugl Grocery app, and consultancy houses Onify and Prodigy9. Recently, it launched InFocus Digital Ventures and InFocus Gaming Technologies, targeting digital assets and iGaming sectors, enhancing its capabilities in business intelligence, cybersecurity, AI, and machine learning.
Average Trading Volume: 2,800,090
Technical Sentiment Signal: Sell
Current Market Cap: A$4.96M
For detailed information about IFG stock, go to TipRanks’ Stock Analysis page.