Amaero International Raises AU$10 Million Via Placement

Nov 21, 2023

Amaero International Limited (ASX: 3DA) announced that it has raised AU$10 million via a two-tranche placement, priced at AU$0.1600 for 1 fully paid ordinary share with 1 free attaching option for every 1 Share issued. As per the company’s management, 3DA will use AU$5,680,000 forTennessee facility fit-out and remaining balance for purchasing of capital equipment.

Under Tranche 1, 21,110,580 Shares will be issued under the Company’s 15% placement capacity and Under Tranche 2, investors have agreed to subscribe for an additional 41,389,420 Shares raising a total of an additional sum of AU$6,622,307.20.

 

 

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