Given the ~$200M market cap, $7.5M is pretty small, e.g. minimal dilution. Seems likely they wanted some cash for their near term needs but they believe the SP is going to keep going strong so are leaving a more serious CR for later after the price spikes. DYOR.
Ann: ResApp Successfully Completes $7.5 Million Capital Raising, page-29
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #