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Simble Solutions Ltd. ( (AU:SIS) ) has provided an announcement.
Simble Solutions Limited announced it has successfully raised $280,000 through an equity capital placement to a professional and sophisticated investor. The placement price of $0.007 per share represents a significant premium over recent share prices, and the funds will be used for working capital purposes. This strategic move is expected to bolster Simble’s financial position, allowing them to continue developing their sustainability and energy management solutions, thereby enhancing their market positioning in the industry.
More about Simble Solutions Ltd.
Simble Solutions Limited is a global Sustainability Solutions Group that provides industry-leading software products for Net Zero carbon reporting and energy monitoring. Their offerings include Software-as-a-Service (SaaS) solutions, energy efficiency, and carbon reduction consulting services. The company operates through two main product divisions: CarbonView, which is a carbon and sustainability reporting platform, and SimbleSense, which offers integrated hardware and real-time software solutions for energy management. Simble caters to the Commercial & Industrial and Small to Medium Sized Enterprises (SME) segments and utilizes both direct B2B sales and channel partners for distribution, with an international presence in Australia, the United Kingdom, and Vietnam.
Current Market Cap: A$3.35M
See more insights into SIS stock on TipRanks’ Stock Analysis page.
