Very good sign.
Although raising at a discount is never easy to swallow, this is a required evil and i would much rather do a big raise now then have to try later this year when the economy/market might be tighter.
We will end up with circa ~$10m in the bank and enough funding to progress until contracts.
This management have been great at development on small cash balances and getting the most bang for buck thus far so can't wait to see the achievements over the next 6-9 months.
Ann: Weebit Nano undertakes upsized $6.6 million Placement, page-4
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