SportsHero Limited (ASX: SHO) announced that it has successfully secured firm commitments to raise an impressive AU$500,000 by issuing 50 million new fully paid ordinary shares in the Company at an attractive AU$0.01 per share via a Share Placement.
These funds will be strategically utilized to accelerate the commercialization of its partnerships with iGV.Com and PSSI in Indonesia, with plans to expand to Thailand shortly. Additionally, the funds will be instrumental in boosting its sales and marketing efforts and meeting ongoing administrative and working capital requirements.
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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.
