Tinybeans Group Ltd. (AU:TNY) has released an update.
Tinybeans Group Ltd is aiming to raise around A$5.0 million through a new share offering, priced at A$0.085 each, accompanied by an option program. This equity raise is structured as a 1-for-1.43 non-renounceable entitlement offer, underwritten by Bell Potter Securities Limited. The offer, which has already secured A$2.32 million from institutional investors, is exclusive to eligible shareholders in Australia and New Zealand, excluding U.S. persons and other ineligible investors.
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