Abaxx Technologies Secures C$18.7M in Financing

Abaxx Technologies Inc. (TSE:ABXX) has released an update.

Abaxx Technologies Inc. has successfully completed a significant financing round, securing C$18.7 million through the sale of 1.437 million common shares, including full exercise of the over-allotment option. The proceeds are earmarked for general corporate purposes, which may include operational funding and meeting regulatory requirements for its exchange and clearinghouse operations. The offering was skillfully managed by major financial institutions, highlighting the market’s confidence in Abaxx’s growth strategy.

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