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Zoono Group Launches $1.78M Rights Issue to Fund Growth and Debt Repayment
10:22am on Friday 20th of June, 2025 AEST
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Consumer Goods
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Zoono Group Launches $1.78M Rights Issue to Fund Growth and Debt Repayment
10:22am on Friday 20th of June, 2025 AEST
Key Points
Rights issue offers 1 new share for every 7 held at $0.035 each
Target raise of approximately $1.78 million before costs
Funds allocated to packaging, shelf-life extension in China and India, patents, and working capital
Largest shareholder Paul Hyslop to fully participate, maintaining significant control
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