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X2M Connect Raises $5.4M in Oversubscribed Capital Boost

10:04pm on Friday 29th of August, 2025 AEST Technology
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X2M Connect Raises $5.4M in Oversubscribed Capital Boost

10:04pm on Friday 29th of August, 2025 AEST
Key Points
  • Oversubscribed placement raises approximately $5.4 million
  • Approximately 392.4 million shares and free attaching options to be issued
  • Funds to eliminate debt and support expansion in Australia, Asia, and Middle East
  • Strong investor demand from institutions and high net worth individuals
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