City Chic Collective Limited (AU:CCX) has released an update.
City Chic Collective Limited has successfully completed a significant funding round, raising $14.6 million through an institutional placement and entitlement offer. The financial boost was met with strong demand from existing shareholders and welcomed new investors, positioning the company for a strong performance in the upcoming financial year. The new shares from this round are expected to be settled and issued by early July 2024.
For further insights into AU:CCX stock, check out TipRanks’ Stock Analysis page.