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Felix Group Secures A$16m to Acquire Nexvia and Accelerate Growth

8:27pm on Friday 29th of August, 2025 AEST Technology
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Felix Group Secures A$16m to Acquire Nexvia and Accelerate Growth

8:27pm on Friday 29th of August, 2025 AEST
Key Points
  • A$16 million two-tranche institutional placement completed
  • Placement price set at $0.22 per share, a 2.7% premium to recent VWAP
  • Funds earmarked for Nexvia acquisition, organic growth, and working capital
  • Share Purchase Plan to raise up to A$1 million from existing shareholders
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