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Grow Inc secures $ 25 million fundraiser
[ad_1] Global law firm King & Wood Mallesons has commented on Grow Inc.’s $ 25 million Series B fundraiser. Solidify: King & Wood Mallesons (Grow Inc). OK: Grow Inc completed a Series B fundraiser. Value: $ 25 million. Zoned: Finance, business. Key players: The King & Wood Mallesons team was led by Anthony Boogert, Senior …
FFX) share price drop following capital raising efforts
[ad_1] Image source: Getty Images The Firefinch Ltd. (ASX: FFX) The stock price came out of a trading stop today as one of the worst performers of ASX. It comes after the gold producer and lithium developer provided an update on its capital raising efforts. As of this writing, shares of Firefinch have fallen 8.89% …
SSO launches a major fundraising policy
[ad_1] The Social Security Investment Company, the largest holding company in Iran, plans to increase its capital to an unprecedented level in the history of the Tehran Stock Exchange, said the CEO of the company, known by its Persian acronym, Shasta. .“Shasta intends to increase its capital through the revaluation of its assets,” Mohammad Rezvani-Far …
Acquisition of citrus grower 2PH Farms Business and fundraising
[ad_1] Australian producer, packer and distributor of fresh fruit and vegetables Costa Group Holdings Limited informs that it has entered into binding agreements (subject to the satisfaction of customary conditions) with a group of companies (Pressler entities) to acquire the business and assets of 2PH Farms Pty Ltd and its related entities (“2PH”), a citrus …
Catapult (ASX: CAT) share price halted ahead of $ 57 million capital raise
[ad_1] Image source: Getty Images Groupe Catapulte International Ltée (ASX: CAT) The shares are blocked this morning following the announcement by the company of a new acquisition and a capital increase. Catapult’s share price closed yesterday’s session up 6.3% at $ 2.18. Let’s take a look at what the company announced this morning. Frozen Catapult …
SBI Board approves fund raising up to Rs 14,000 cr
The State Bank of India (SBI) announced on Monday that its board had approved the raising of additional Tier I funds of up to Rs 14,000 crore through Basel-III bonds. PSU Bank’s Central Board of Directors approved the raising of funds through the issuance of a Basel III compliant debt security in USD …
Triangle Energy (Global) Ltd Receives Firm Commitments for $10 Million Fundraising
Triangle Energy (Global) Ltd (ASX:TEG) (FRA:WMOA) has received firm commitments of $10 million in a placement to new and existing sophisticated, institutional and professional investors. The company welcomed strong interest in the placement as well as recognition of its Perth Basin expansion strategy and significant investment in ASX-listed gas exploration and development company State Gas …
In a context of economic uncertainty, many banks are considering fundraising plans
[ad_1] With expectations of additional economic uncertainty as the second wave of the Covid-19 pandemic continues and expectations of a third wave, banks are looking to raise funds to improve their capital reserves and fund their plans for expansion. Private-sector lender Federal Bank said its board of directors will meet on June 16 to consider …
AirAsia X gets green light for capital raising exercise
[ad_1] PETALING JAYA: AirAsia X BhdShareholders of (AAX) have given the budget carrier the green light to raise up to RM500 million through a rights issue exercise and share issuance to new investors. Yesterday, all five resolutions tabled at the AAX EGM were passed by shareholders, with over 99.8% overwhelming approval for each resolution. In …