Alset Capital, Inc. (TSE:KSUM) has released an update.
Alset Capital Inc. has announced a voluntary 18-month pooling agreement by certain shareholders to limit the sale of over 12 million company units, reflecting their confidence in the company’s future. Alongside this, Alset is initiating a non-brokered private placement aiming to raise $2.5 million through the sale of units at $0.25 each, which includes a common share and a half warrant, potentially boosting the company’s financial position.
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