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Mighty Kingdom Ltd ( (AU:MKL) ) has provided an announcement.
Mighty Kingdom Limited has announced a 1 for 1 accelerated non-renounceable pro-rata entitlement offer for its eligible retail shareholders, allowing them to purchase shares at $0.005 each. This offer, alongside a placement to institutional investors, aims to raise up to $1.35 million, with $530,000 already secured from the placement. The Retail Entitlements Offer is expected to raise an additional $820,000, providing retail shareholders the same investment terms as institutional investors.
More about Mighty Kingdom Ltd
Mighty Kingdom Limited operates in the gaming industry, focusing on developing and publishing interactive entertainment products. The company is known for creating engaging video games and digital content, targeting a diverse market of gamers.
Technical Sentiment Signal: Buy
Current Market Cap: A$3.46M
See more data about MKL stock on TipRanks’ Stock Analysis page.