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HomeFinTech8common: Raises $2.25M in extra capital

8common: Raises $2.25M in extra capital

Date:

  • Fintech company 8common (8CO) has successfully completed its recent capital raise, walking away with $2.25 million in extra cash
  • Under the placement, new shares were worth 13 cents each with over 17.3 million shares on offer
  • The placement expected to settle on October 28, with new shares to begin trading on the ASX by October 30
  • 8common will also use the extra $2.25 million to expand CardHero, the company’s integrated payment and expense management solution
  • Following the release of the raise details, 8common has come out of a trading halt
  • Shares in 8CO ended the day worth 14 cents each

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