Nanoveu Ltd. (AU:NVU) has released an update.
Nanoveu Ltd has successfully raised $2.25 million through an oversubscribed placement, issuing shares and options to fund the advancement of its EyeFly3D and Nanoshield Solar products, and to bolster market expansion efforts. This capital boost follows a significant distribution agreement in South Korea and aims to enhance the company’s 3D imaging technology and solar coating products. The company’s chairman participated with a $300,000 subscription, pending shareholder approval.
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