Butn Limited (AU:BTN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Butn Limited, an innovative Australian B2B funder, has successfully completed its Institutional Entitlement Offer, raising around $0.8 million through the issuance of over 15 million new shares. The new shares are expected to be issued and commence trading later this month. Additionally, the company has launched a Retail Entitlement Offer for eligible shareholders to potentially raise an additional $4.2 million.
For further insights into AU:BTN stock, check out TipRanks’ Stock Analysis page.