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How Will X2M’s $1.95M Raise Accelerate Its IoT and AI Ambitions?
9:47am on Wednesday 18th of June, 2025 AEST
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Technology
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How Will X2M’s $1.95M Raise Accelerate Its IoT and AI Ambitions?
9:47am on Wednesday 18th of June, 2025 AEST
Key Points
Placement of $1.95 million via new equity and debt conversion
New investors primarily from Singapore and Hong Kong
Proceeds to fund business expansion, product upgrades, and working capital
Shareholder approval pending for majority of shares and attaching options
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X2m Connect (ASX:X2M)
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