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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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.