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RocketDNA Issues 45 Million New Shares Under Approved Placement

Story Highlights
  • RocketDNA has issued over 45 million new shares at 1.5 cents each under a previously approved placement.
  • The company confirms regulatory compliance and absence of excluded information, reinforcing transparency around the capital raising.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RocketDNA Issues 45 Million New Shares Under Approved Placement

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Delta Drone International Ltd ( (AU:RKT) ) just unveiled an announcement.

RocketDNA Ltd has issued 45,199,993 new ordinary fully paid shares at $0.015 per share as part of a placement previously announced to the market and approved by shareholders at a recent general meeting. The company confirmed that the shares were issued without a prospectus under the relevant exemption in the Corporations Act, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information that investors would reasonably require, underscoring regulatory compliance and transparency around the capital raising for existing and prospective shareholders.

More about Delta Drone International Ltd

RocketDNA Ltd (ASX: RKT) is an Australia-listed company operating in the drone data and technology sector, focusing on providing aerial data, imaging and analytics solutions to commercial and industrial clients.

Average Trading Volume: 4,868,464

Technical Sentiment Signal: Buy

Current Market Cap: A$21.6M

Learn more about RKT stock on TipRanks’ Stock Analysis page.

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