Sovereign Cloud Holdings Ltd. (AU:SOV) has released an update.
Sovereign Cloud Holdings Ltd has successfully completed a retail entitlement offer, raising approximately $30 million, with the final stage clearing at $0.03 per share. The offer included an allocation of shortfall shares to new and existing investors, as well as to the company’s directors and NEXTDC based on their sub-underwriting commitments. Shares from the offer are set to commence trading on the ASX on the 19th of April, 2024.
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