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Field Solutions Holding Secures Working Capital Amid Capital Raise Plans
6:36pm on Friday 31st of January, 2025 AEDT
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Telecommunications
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Field Solutions Holding Secures Working Capital Amid Capital Raise Plans
6:36pm on Friday 31st of January, 2025 AEDT
Key Points
Net cash inflow of $1.68 million from operating activities in Q4 2024
Significant investing cash outflows totaling $2.71 million for the quarter
Secured $1.1 million working capital facility from Kestrel Structure Capital Fund
Company in voluntary suspension while finalising a $6 million to $8.6 million capital raise
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