Evolve Education Group Ltd (AU:EVO) has released an update.
Evolve Education Group Ltd, operating under the name Embark Early Education, has announced a placement of new fully paid ordinary shares for sophisticated and institutional investors. This move is part of their capital raising efforts and comes with a notice that investing in the New Shares carries certain risks, including loss of income and principal. The company emphasizes that this is not an offer to the general public and the information should be used in conjunction with other company disclosures.
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