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Icetana Launches $2.65M Underwritten Entitlement Offer to Fuel Growth

8:19am on Thursday 23rd of January, 2025 AEDT Technology
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Icetana Launches $2.65M Underwritten Entitlement Offer to Fuel Growth

8:19am on Thursday 23rd of January, 2025 AEDT
Key Points
  • Renounceable entitlement offer to raise up to $2.65 million
  • Offer price set at $0.02 per new share, a 33% premium to recent closing price
  • Fully underwritten by substantial shareholder Lance East Holdings Pty Ltd
  • Funds earmarked for sales, marketing, product development, and working capital
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