middle.news
K-TIG’s $10M Raise to Acquire Metal Powder Works Wins Independent Fairness Nod
7:03pm on Monday 2nd of June, 2025 AEST
•
Manufacturing
Read Story
K-TIG’s $10M Raise to Acquire Metal Powder Works Wins Independent Fairness Nod
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Public offer of up to 50 million shares at $0.20 each to raise $7–10 million
Acquisition of 100% of Metal Powder Works with 55 million consideration shares
50 million performance rights issued to MPW vendors, vesting on revenue and share price milestones
ASX re-compliance required due to significant change in business nature and scale
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
METAL POWDER WORKS (ASX:KTG)
OPEN ARTICLE