Ovanti Completes Capital Raise

Summary by 6ix AI

Ovanti Ltd has completed a capital raise through a placement of shares to professional and sophisticated investors, as reported in the filing. The company raised funds by issuing a significant number of ordinary shares at a discounted price, which will support its global operations and working capital needs. Clee Capital facilitated the placement and will receive a fee along with options, pending shareholder approval for certain terms. This announcement was authorized by the Director and Company Secretary of Ovanti Ltd on behalf of the Board.

Written by 6ix AI from the company’s filing. How 6ix writes summaries