Mighty Kingdom Ltd (AU:MKL) has released an update.
Mighty Kingdom Ltd. successfully completed its Retail Shortfall Bookbuild, raising $5.2 million and concluding the final stage of its $6.25 million Entitlement Offer. The bookbuild attracted significant interest from sophisticated investors, filling all available retail entitlements without pricing above the offer price, indicating a strong investor appetite for the company’s shares. No premium distribution resulted from the fixed offer price, and the company is considering options for additional high-quality bids received.
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