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X2M Connect Raises $309K but Faces 127M Share Shortfall – What’s Next?
10:21am on Friday 8th of August, 2025 AEST
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X2M Connect Raises $309K but Faces 127M Share Shortfall – What’s Next?
10:21am on Friday 8th of August, 2025 AEST
Key Points
Entitlement offer raised $308,900 before costs
23.76 million new shares and options to be issued
Shortfall of 126.95 million shares remains unallocated
Cygnet Capital holds right to take up shortfall shares within three months
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X2M Connect (ASX:X2M)
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