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How Will FOS Capital Transform Aldridge Traffic Systems After $3.7M Raise?

10:21am on Wednesday 11th of June, 2025 AEST Manufacturing
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How Will FOS Capital Transform Aldridge Traffic Systems After $3.7M Raise?

10:21am on Wednesday 11th of June, 2025 AEST
Key Points
  • Placement raised $3.7 million at $0.30 per share
  • Acquisition of Aldridge Traffic Systems assets valued at $3.1 million
  • Includes plant, equipment, inventory, and intellectual property
  • Non-core assets to be divested or shut down post-acquisition
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