- 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
