Novatti Group Ltd. (AU:NOV) has released an update.
Novatti Group Ltd. has successfully completed the first tranche of its capital raising by issuing 50.6 million shares at $0.04 each, raising $2 million. This move is part of a larger effort to raise up to $9.4 million, with an entitlement offer set to begin on November 1, 2024. The company is also offering incentives to convertible noteholders to accelerate their conversion into shares.
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