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Flexiroam Ltd ( (AU:FRX) ) has issued an update.
Flexiroam Limited has announced a non-renounceable entitlement offer to raise approximately $3.93 million by issuing new shares to its eligible shareholders. This move is partially underwritten by the Executive Director and interim CEO, Kenn Tat Ong, and aims to strengthen the company’s financial position and support its growth initiatives.
More about Flexiroam Ltd
Flexiroam Limited operates in the telecommunications industry, primarily offering innovative global mobile connectivity solutions. The company focuses on providing data roaming services and products designed to keep users connected worldwide.
YTD Price Performance: 0%
Average Trading Volume: 508,560
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.86M
See more data about FRX stock on TipRanks’ Stock Analysis page.