YPB Group Ltd. (AU:YPB) has released an update.
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YPB Group Limited, a developer of authentication and consumer engagement solutions, has successfully secured a A$1.5 million private placement from a sophisticated investor. This financial boost will fuel technical development, working capital, creditor payments, and marketing initiatives for their Connect and ConnectQR products. The company also plans to issue additional shares under the same terms following shareholder approval.
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