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Friday, October 17, 2025

Frontier Digital Ventures: Completes $18.9m SPP

Frontier Digital Ventures Completes $18.9m SPP

  • Frontier Digital Ventures (FDV) completes its share purchase plan (SPP) with applications totalling approximately $18.9 million, significantly higher than the targeted $5 million
  • Investors had the opportunity to apply for up to $30,000 worth of shares at $1.50 each with FDV saying it will accept all applications in full
  • The SPP follows a recent $35 million placement and takes the company’s gross proceeds raised to approximately $53.9 million
  • CEO Shaun Di Gregorio says the company is very grateful for the support shown by shareholders as it continues to execute on its long-term strategy
  • Shares have been down 2 per cent trading at $1.46 each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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