Hot Chili Limited (AU:HCH) has released an update.
Hot Chili Limited has launched a fully underwritten Share Purchase Plan (SPP) offering eligible shareholders the chance to purchase up to $30,000 worth of new shares at $1.00 each, aiming to raise approximately $5 million before costs. The offer, detailed in the SPP Offer Document, commenced on May 10, 2024, and is slated to conclude on May 24, 2024. Shareholders are encouraged to seek independent financial advice regarding the speculative investment opportunity.
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