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Mighty Kingdom Raises $475K but Faces $605K Share Shortfall
3:13am on Monday 2nd of June, 2025 AEST
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Mighty Kingdom Raises $475K but Faces $605K Share Shortfall
3:13am on Monday 2nd of June, 2025 AEST
Key Points
Total $475,000 raised via entitlement offer at $0.005 per share
Institutional component and placement raised $530,000 combined
Retail shareholders subscribed to only 30% of their entitlement
Shortfall of 121 million shares (~$605,000) to be placed with investors
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