tiprankstipranks
Zoono Group Bolsters Capital and Partnership
Company Announcements

Zoono Group Bolsters Capital and Partnership

Zoono Group Limited (AU:ZNO) has released an update.

Don't Miss our Black Friday Offers:

Zoono Group Limited has announced a successful placement of shares to OSY Group Limited, raising A$366,506 in working capital to expand their fresh food shelf-life project and grow their business in key international markets. This strategic move strengthens the partnership between Zoono and OSY, which also involves OSY’s support as a sub-underwriter in the company’s successful recent rights issue. The placement leverages Zoono’s 10% placement capacity under ASX Listing Rule 7.1A to facilitate the further development of their innovative antimicrobial solutions.

For further insights into AU:ZNO stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App