tiprankstipranks
Titomic Ltd Secures $4.5 Million for Expansion
Company Announcements

Titomic Ltd Secures $4.5 Million for Expansion

Titomic Ltd (AU:TTT) has released an update.

Titomic Limited, a leader in cold spray additive manufacturing, has successfully secured AUD 4.5 million in a share placement to existing sophisticated and professional investors. The capital raised will be directed towards expanding manufacturing capabilities and supporting working capital to fulfill recently acquired customer orders. The newly issued shares will begin trading in early May following their issuance at a discounted price.

For further insights into AU:TTT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskTitomic Strengthens Defence Sector Presence
TipRanks Australian Auto-Generated NewsdeskTitomic Strengthens US Defence Presence with New Hire
TipRanks Australian Auto-Generated NewsdeskTitomic Limited Announces New ASX Securities
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!