TYMLEZ: Completes $2.8M placement

  • Software and blockchain solutions company TYMLEZ Group (TYM) has completed its $2.8 million private placement
  • The company issued over 25 million shares and 12.7 million options at 11 cents per share
  • Funds from the raise will used to support new contracts and growth in Europe and Australian operations
  • In addition, for every two shares subscribed, investors will receive one free attaching option with an exercise price of 6.5 cents
  • Company shares are down 3.57 per cent and are trading for 13.5 cents per share
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.

You May Also Like

Lloyds Faces Scrutiny Over App Glitch Exposing Customer Data

Parliamentary committee demands answers on serious data breach incident.Highlights: Lloyds Banking Group's app glitch exposed sensitive customer data.MPs...

PayPal Expands Stablecoin to 70 Markets, Enhancing Accessibility

PayPal's new stablecoin launch facilitates broader global access for users.Highlights: PayPal introduces stablecoin to 70 global markets.This move...

Finastra appoints Chris McClellen as Global Head of AI

McClellen aims to enhance Finastra's AI capabilities and solutions.Highlights: Finastra names Chris McClellen as Global Head of AI.McClellen...

Mastercard Strengthens Presence with $1.8 Billion BVNK Acquisition

Acquisition aims to enhance Mastercard's stablecoin capabilities.Highlights: Mastercard acquires BVNK for $1.8 billion.The deal will enhance Mastercard's stablecoin...