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Baumart Raises $182K in Rights Issue, Eyes Further Capital via Shortfall Shares

1:19am on Monday 2nd of June, 2025 AEST Industrial Products & Services
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Baumart Raises $182K in Rights Issue, Eyes Further Capital via Shortfall Shares

1:19am on Monday 2nd of June, 2025 AEST
Key Points
  • Rights issue raised $182,303 at $0.01 per share
  • 5 million new shares subscribed by existing shareholders
  • 13.2 million shortfall shares available for issue
  • Potential issuance of up to 30 million shortfall shares under ASX rules
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