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ASM Launches $3M Underwritten Share Plan to Fuel US and Korean Growth
9:56am on Monday 16th of June, 2025 AEST
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ASM Launches $3M Underwritten Share Plan to Fuel US and Korean Growth
9:56am on Monday 16th of June, 2025 AEST
Key Points
Underwritten Share Purchase Plan targeting A$3 million
20% discount on share price for eligible shareholders
Funds to support US metallisation expansion and Korean plant ramp-up
Potential additional placement of up to A$2 million post-SPP
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Australian Strategic Materials (ASX:ASM)
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