...what did I tell you about FBR? ...unsuspecting to new...

...what did I tell you about FBR?
...unsuspecting to new holders, history tells that this is FBR modus operandi (CR)

FBR launches fully underwritten $8 million Share Purchase Plan
Monday, 4 November 2024 – Robotic technology company FBR Limited (ASX: FBR; OTCQB: FBRKF) (“FBR” or “Company” announces today that it will be launching a fully underwritten $8 million Share Purchase Plan (“SPP”. FBR is pleased to invite existing shareholders of the Company (“Shareholders” to subscribe for new fully paid ordinary shares in the capital of the Company (“New Shares” via the SPP at a price of $0.038 per New Share, being the same price as the institutional placement previously announced by the Company on 5 August 2024. Funds raised from the SPP will provide the Company with additional working capital to deliver a number of key upcoming milestones including completing the second half of the 10 home Demonstration Program currently underway in Florida leading to the potential exercise of the US JV Option with CRH Ventures, which if exercised, triggers a purchase order for 20 Hadrian X® robots and CRH Ventures Americas providing a US$40m debt facility to the Fastbrick Americas JV.