PayGroup (ASX:PYG) finishes capital raising, nets $15.7M

• PayGroup (PYG) has finished the last stage of its capital raising, walking away with $15.7 million in equity altogether
• The company first flagged plans to raise equity last March, with the funds to help support the acquisition of Integrated Workforce Solutions (IWS)
• PYG raised the majority of the funds via a placement, with a share purchase plan (SPP) also raising over $650,000
• The SPP closed earlier this week, with all applications accepted, meaning over 1.16 million PYG shares will be issued on May 5

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