Ovanti Raises $1M to Fuel US BNPL Push and Litigation Costs

• Placement to raise ~$1 million via 588 million new shares at $0.0017 each
• First tranche of 212 million shares issued under existing capacity, second tranche requires shareholder approval
• Funds earmarked for litigation, US BNPL operations, working capital, and placement expenses
• Clee Capital appointed lead manager, receiving cash fees and options