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AGEDB Technology Ltd ( (TSE:AGET) ) has issued an announcement.
AGEDB Technology Ltd. has successfully closed a non-brokered private placement, raising $800,000 through the issuance of 16,000,000 common shares at $0.05 per share. The proceeds from this offering will be used for working capital purposes, with the shares subject to a hold period until January 27, 2026. This financial move is expected to bolster the company’s operational capabilities and strengthen its market position in the enterprise database solutions industry.
More about AGEDB Technology Ltd
AGEDB Technology Ltd. is a leading provider of enterprise database solutions, specializing in advanced database technologies such as graph databases and data processing systems, offering robust solutions to clients worldwide.
Average Trading Volume: 6,590
Technical Sentiment Signal: Sell
For detailed information about AGET stock, go to TipRanks’ Stock Analysis page.