Well I'm ot sure how much more precise I can be. An ASX release 23/12/2022 from your company states the following:
With the finalization of approximately $1,079,067 raised
pursuant to applications for 21,581,338 Shares as noted above, then on successful completion of the
potential debt facility, the minimum remaining raising to be achieved by placement of the shortfall,
required by the proposed debt facility conditions, will be $1,920,933.
From you Company's 3/3/2023 announcement:
NEXION Group Ltd (ASX: NNG) (NEXION or the Company), the fast emerging, global Hybrid Cloud
service provider is pleased to advise it has extended the closing dates for its proposed New Zealand
acquisitions.
• NEXION has extended the term sheet to acquire Silicon Systems Limited to 31 March 2023 and
extended the term sheet to acquire Aiscorp Limited to 25 March 2023.
• NEXION continues to assess additional complementary business acquisitions that suit
NEXION’s global expansion strategy.
In that announcement is also the follwoing information reiterated:
Executive Chairman, Peter Christie said:
“Finalisation of these acquisitions is dependent upon the company completing its debt facility
agreement with and finalising an equity placement under the existing open prospectus.
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- Ann: NNG Appendix 4D and Half-Year Financial Report
Ann: NNG Appendix 4D and Half-Year Financial Report, page-23
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