AssetOwl: Completes $903k entitlement offer
- Information technology company, AssetOwl (AO1) has completed its recently announced entitlement offer and raised more than $903,000
- The company also raised the funds via an oversubscribed application of new shares to exisiting shareholders
- It comes after the company successfully executed an institutional placement of new shares earlier this month which netted the company $600,000
- Approximately 112,957,805 new shares issued to raise $903,662
- Eligible shareholders oversubscribed for 78,950,708 new shares
- The company finished the day in the grey, trading shares for 0.8 cents each