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DTI Group Secures $1.25M Loan and $2.69M Underwritten Entitlement Offer
4:48am on Monday 2nd of June, 2025 AEST
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DTI Group Secures $1.25M Loan and $2.69M Underwritten Entitlement Offer
4:48am on Monday 2nd of June, 2025 AEST
Key Points
DTI obtains $1.25 million loan from substantial shareholder Finico at 10% interest
Loan matures on 30 June 2025, repayable via proceeds from proposed entitlement offer
Finico commits to fully underwrite $2.69 million entitlement offer
Underwriting fee of 1% payable to Finico upon offer completion
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