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HomeBusinessAssetOwl: Completes $903k entitlement offer

AssetOwl: Completes $903k entitlement offer

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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

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