SkyFii Limited (AU:BEO) has released an update.
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SkyFii Limited has successfully secured commitments to raise A$5.0 million through a two-part placement at A$0.022 per share, with additional funding potential via a Share Purchase Plan capped at A$0.5 million. The capital raised is earmarked for accelerating the development of the company’s data analytics solutions, restructuring, and global market expansion. The placement attracted strong support from institutional and sophisticated investors, notably Enpar Capital, which will hold a significant post-placement stake in the company.
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