SPACETALK Limited (AU:SPA) has released an update.
SPACETALK Ltd. announces a $3.2 million equity raising initiative to support inventory purchases, targeted growth marketing, and development of new products, including software and hardware. The fundraising includes a non-renounceable entitlement offer and a placement targeting professional investors, with additional funds potentially raised through oversubscriptions. Lead managed and partially underwritten by Bell Potter Securities, this capital injection aims to propel SPACETALK’s development of innovative devices and applications.
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