Gratifii Ltd (AU:GTI) has released an update.
Gratifii Ltd is set to boost its financial muscle by up to A$9.0 million through a new share issue, as it seeks to fund strategic acquisitions of Club Connect and Rapport Group. The capital will be raised via a Placement and a partially underwritten entitlement offer, with a notable investment of A$0.65 million from major shareholder Bombora Investment Management. The move aims to expand Gratifii’s offerings and consolidate its market position, offering existing shareholders a chance to amplify their investment through the rights issue.
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