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Raptis Group Ltd. ( (AU:RPG) ) has shared an update.
Raptis Group Limited, listed on the ASX under the ticker RPG, has announced a successful private placement of 22.5 million shares to sophisticated investors, raising $225,000. Additionally, the company is launching a fully underwritten non-renounceable entitlement offer to raise approximately $1.75 million, with shares priced at $0.01 each. This move is aimed at strengthening the company’s financial position and is fully underwritten by GAS Asset Holdings Pty Ltd and Hayman Developments (QLD) Pty Ltd, which could significantly increase their stake in the company.
More about Raptis Group Ltd.
Average Trading Volume: 428,222
Technical Sentiment Signal: Sell
Current Market Cap: A$2.14M
Find detailed analytics on RPG stock on TipRanks’ Stock Analysis page.