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Dotz Nano Limited ( (AU:DTZ) ) has issued an update.
Dotz Nano Limited has announced the issuance of a Cleansing Notice related to its Convertible Securities Agreement with Mercer Street Global Opportunity Fund, LLC, allowing the on-sale of shares to retail investors without further disclosure. This agreement, aimed at raising up to $12 million, has seen multiple tranches issued, with the latest involving the issuance of Subsequent Tranche 2 Convertible Notes and Options. The funding supports Dotz Nano’s operational growth and market positioning, potentially offering further financing opportunities pending additional closing conditions.
More about Dotz Nano Limited
Dotz Nano Limited operates in the technology sector, focusing on advanced materials and nanotechnology solutions. The company specializes in creating and commercializing innovative tracing, anti-counterfeiting, and product digitization technologies, catering to various industries worldwide.
YTD Price Performance: -6.67%
Average Trading Volume: 38,107
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €28.48M
For an in-depth examination of DTZ stock, go to TipRanks’ Stock Analysis page.
