DomaCom Ltd. (AU:DCL) has released an update.
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DomaCom Limited has secured $2.5 million in new funding commitments, including a $1.5 million debt facility and an additional $1.0 million to underwrite a potential entitlement offer. These funds will be directed towards strengthening compliance, enhancing customer support, advancing technology, and improving communication to support the company’s growth strategy. The initiative aims to provide DomaCom with greater financial flexibility and a robust capital structure.
For further insights into AU:DCL stock, check out TipRanks’ Stock Analysis page.