MOB 0.00% 1.0¢ mobilicom limited

News: MOB Mobilicom Ltd Raises Us$11.8M To Expand Operations

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    Aug 25 (Reuters) - Mobilicom Ltd (MOB) :

    • MOBILICOM RAISES US$11.8M TO EXPAND OPERATIONS
    • WILL ISSUE 2.9 MILLION UNITS, EACH CONSISTING OF ONE AMERICAN DEPOSITARY SHARE, ONE WARRANT TO PURCHASE ONE ADS, FOR US$4.13 PER UNIT
    • FINALISED PRICING OF ITS FULLY UNDERWRITTEN NASDAQ INITIAL PUBLIC OFFERING
    • FUNDS RAISED TO EXPAND MOBILICOM'S SALES AND MARKETING ACTIVITIES, SUPPORT RESEARCH AND DEVELOPMENT, AND WORKING CAPITAL
 
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Currently unlisted public company.

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