Macquarie Telecom Group Limited (AU:MAQ) has released an update.
Macquarie Telecom Group Limited is embarking on a strategic growth initiative for its Data Centre Platform, announcing a significant equity raising effort to secure $100 million through a two-tranche placement to professional and eligible institutional investors. Managed and fully underwritten by Canaccord Genuity, this move aims to expand the company’s current activities and is not an offer to the public or in jurisdictions where restrictions apply.
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