Intermap Technology (TSE:IMP) has released an update.
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Intermap Technology has increased its private placement offering to meet the high demand from investors, aiming to raise nearly $3 million to fund strategic initiatives, including government contracts in Indonesia and with the U.S. Air Force. The company has made significant preparations, including upgrading its technology for deployment in Indonesia, and anticipates closing the increased offering by mid-August 2024.
For further insights into TSE:IMP stock, check out TipRanks’ Stock Analysis page.
