tiprankstipranks
Beonic Limited Seeks New Investors After Funding Shortfall
Company Announcements

Beonic Limited Seeks New Investors After Funding Shortfall

SkyFii Limited (AU:BEO) has released an update.

Invest with Confidence:

Beonic Limited (ASX:BEO) is addressing a shortfall in its Tranche 2 Placement after a US-based investor, Verde Corporation, failed to meet its financial commitment. The company now plans to offer the shares with attaching options, originally allocated to Verde, to other investors who participated in the earlier placements, with a significant interest already expressed. Beonic aims to finalize subscriptions by early January, keeping stakeholders informed as the situation develops.

For further insights into AU:BEO 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

Latest News Feed

More Articles