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Tony G Holdings Completes $2.4M Private Placement

Tony G Holdings Completes $2.4M Private Placement

Tony G Co-Investment Holdings Ltd (TSE:TONY) has released an update.

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Tony G Co-Investment Holdings Ltd. has concluded a successful private placement, raising $2.4 million by selling 4 million units at $0.60 each. The funds will bolster working capital and support general corporate endeavors. Following the placement, significant stakes were acquired by Gateway Capital Investments Inc. and UGA Holding Limited, altering their ownership percentages in the company’s capital.

For further insights into TSE:TONY stock, check out TipRanks’ Stock Analysis page.

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