middle.news
Vonex Launches $13.9M Entitlement Offer Amid CEO Departure
5:41pm on Sunday 1st of June, 2025 AEST
•
Telecommunications
Read Story
Vonex Launches $13.9M Entitlement Offer Amid CEO Departure
5:41pm on Sunday 1st of June, 2025 AEST
Key Points
Non-renounceable 1-for-1 entitlement offer to raise approximately $13.9 million
Offer price set at $0.037 per share, a 7.5% discount to recent closing price
Major shareholder MaxoTel commits up to $13 million, underwriting shortfall
Funds primarily to repay $23 million existing debt
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
VN8
OPEN ARTICLE