SatixFy Communications (SATX) has released an update.
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SatixFy Communications Ltd. has initiated a new registration statement with the SEC, detailing the sale of up to $7,145,000 in ordinary shares through a sales agreement with A.G.P./Alliance Global Partners. The Israeli counsel has confirmed that all necessary corporate actions for the authorization and issuance of these shares have been taken, ensuring their legal issuance and full payment upon sale. This move is set to expand the company’s available capital and may interest investors looking for growth opportunities.
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