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Gratifii Limited Secures Reinvestment from Former Noteholders

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Gratifii Limited Secures Reinvestment from Former Noteholders

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Gratifii Ltd ( (AU:GTI) ) has provided an update.

Gratifii Limited has successfully repaid all outstanding Convertible Notes, with four former noteholders choosing to reinvest approximately $353,000 under the same terms as a recent capital raise. This reinvestment involves the issuance of 3,714,813 ordinary shares and plans to issue options subject to shareholder approval. The company’s CEO, Iain Dunstan, views this as a positive endorsement of Gratifii’s strategic direction.

More about Gratifii Ltd

Gratifii Limited is an ASX-listed company specializing in the management and delivery of loyalty and rewards programs. It offers a comprehensive platform that provides affordable, market-leading functionality and configurability. The company serves over 80 mid-to-top tier brands across Australia, New Zealand, and Hong Kong.

YTD Price Performance: 23.60%

Average Trading Volume: 495,908

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$36.72M

For an in-depth examination of GTI stock, go to TipRanks’ Stock Analysis page.

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