NSX Ltd (ASX:NSX) Successful Placement Raises Circa $3.5 Million
Successful Placement Raises Circa $3.5 MillionSydney, June 2, 2021 AEST (ABN Newswire) - NSX Limited (
ASX:NSX) is pleased to announce that it has successfully concluded a capital raise of circa $3.5m at a share price of $0.14.
Participation in the raising has seen institutional and sophisticated investor support, in addition to director and existing shareholder participation, as identified by the Lead Manager, KG Capital Partners. iSignthis Ltd (ASX ISX) has committed to contribute $1 million of the amount subject to shareholder approval at an General Meeting to be held before the issue of the shares to iSignthis in accordance with ASX Listing Rule 10.11.3. Director allocations will also be subject to shareholder approval.