Pointerra Ltd. Secures $2.05 Million in Capital Raise

Pointerra Ltd. (AU:3DP) has released an update.

Pointerra Ltd. has successfully completed a funding round, raising $2.05 million through an oversubscribed placement of new shares priced at $0.033 each. The fresh capital will enable the company to hire enterprise sales professionals, expedite the sales process across various sectors, and strengthen global partnerships, all in support of its strategic goals for the upcoming fiscal year. The placement, which was offered at a discount to the recent closing and average prices, attracted significant interest from both new and existing institutional investors.

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