tiprankstipranks

Intermap Tech Boosts Offering Amid Investor Demand

Story Highlights
Intermap Tech Boosts Offering Amid Investor Demand

Intermap Technology (TSE:IMP) has released an update.

Intermap Technology has increased its private placement offering to meet the high demand from investors, aiming to raise nearly $3 million to fund strategic initiatives, including government contracts in Indonesia and with the U.S. Air Force. The company has made significant preparations, including upgrading its technology for deployment in Indonesia, and anticipates closing the increased offering by mid-August 2024.

For further insights into TSE:IMP stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App