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A1 Investments Eyes Acquisition with $300K Funding Boost Amid Cash Outflows

12:00pm on Friday 31st of January, 2025 AEDT Financial Services
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A1 Investments Eyes Acquisition with $300K Funding Boost Amid Cash Outflows

12:00pm on Friday 31st of January, 2025 AEDT
Key Points
  • Net operating cash outflow of $36,000 for the quarter
  • Cash balance reduced to $2,000 by quarter end
  • Secured $300,000 loan convertible to shares, subject to approvals
  • Pursuing multiple acquisition opportunities requiring ASX and shareholder consent
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