Intelligent Monitoring Group Limited (AU:IMB) has released an update.
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Intelligent Monitoring Group Limited (ASX: IMB) is offering a Share Purchase Plan (SPP) allowing eligible shareholders to buy up to A$30,000 of new shares at a discounted price of A$0.48 each. This initiative aims to raise A$3 million alongside a separate placement to fund the acquisition of Dataline Visual Link Pty Ltd and support future growth. The SPP, closing on 29 November 2024, offers shareholders a cost-free opportunity to invest further in the company.
For further insights into AU:IMB stock, check out TipRanks’ Stock Analysis page.