Spectur Ltd. (AU:SP3) has released an update.
Spectur Limited has successfully allocated the $465k shortfall from its recent Entitlement Offer to its largest shareholders, issuing new shares and options as part of its capital strategy. The funds raised are earmarked for inventory and working capital to support upcoming larger contracts, with the company’s management expressing confidence in a strong sales pipeline and a positive financial outlook for the year ahead. Additionally, Spectur has started the new financial year on a high note with significant sales and key contract renewals.
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