Novatti Group Ltd. (AU:NOV) has released an update.
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Novatti Group Limited has successfully completed its partially underwritten entitlement offer, raising $284,416 through the issuance of new shares and attaching options. The offer, designed to enhance the company’s financial standing and support its growth, involved the issuance of over 7 million new shares and options. The company continues to aim for further capital raising and shareholder approval is being sought for additional placements.
For further insights into AU:NOV stock, check out TipRanks’ Stock Analysis page.