Dubber Corporation Limited (AU:DUB) has released an update.
Dubber Corporation Limited successfully completed its retail entitlement offering, raising approximately $16.40 million by issuing new shares at $0.05 each. Following an institutional offering and placement that previously raised about $7.66 million, the company’s total capital raise reached roughly $24.06 million. Eligible shareholders fully acquired additional shares they applied for, and unclaimed shares were distributed to sub-underwriters, including an offset arrangement with Thorney Investment Group against an existing loan.
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