Raiz Invest Ltd. (AU:RZI) has released an update.
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Raiz Invest Limited has unveiled a share purchase plan (SPP) that allows eligible Australian and New Zealand shareholders to invest up to $30,000 in company shares with no brokerage fees, capping the raise at $2 million. This SPP complements previous placements that raised $3 million, aimed at funding artificial intelligence development, product innovation, and exploring merger and acquisition opportunities. Shareholders are advised to consult the SPP Booklet for detailed information and professional financial guidance if needed.
For further insights into AU:RZI stock, check out TipRanks’ Stock Analysis page.