DXN 0.00% 7.8¢ dxn limited

DXN (ASX:DXN) raises $528,000 through single institutional investor

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    • Fabricated modular data centre company DXN (DXN) has completed its placement to a single institutional investor, Armytage Private
    • The company received binding commitments from Armytage to raise a total of $528,000 in proceeds before costs
    • DXN will issue 44 million fully paid ordinary shares at 1.2 cents each, along with free attaching unlisted options
    • Placement proceeds will be used to provide working capital across DXN’s business
    • DXN is in the grey and trading at 1.5 cents per share
    Read the full article on The Market Herald here

 
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