Tinybeans Group Ltd. (AU:TNY) has released an update.
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Tinybeans Group Ltd has successfully completed its Retail Entitlement Offer, raising approximately A$2.70 million to fund expansion in Product, Data, Analytics, and Marketing, while also supporting working capital. The offer, which was fully underwritten by Bell Potter Securities Limited, included an option for eligible shareholders to apply for additional shares. With new shares expected to be allotted soon, the company anticipates updating the market on the progress of its growth initiatives.
For further insights into AU:TNY stock, check out TipRanks’ Stock Analysis page.