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How Will Swoop’s $10M Raise Transform Its Melbourne Fibre Ambitions?

1:22pm on Wednesday 3rd of December, 2025 AEDT Telecommunications
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How Will Swoop’s $10M Raise Transform Its Melbourne Fibre Ambitions?

1:22pm on Wednesday 3rd of December, 2025 AEDT
Key Points
  • Partially underwritten $10 million entitlement offer at $0.10 per share
  • Directors and senior management committed $1.9 million and sub-underwriting $4 million
  • Funds targeted for Melbourne Fibre Project capex and working capital
  • Board renewal underway with Chair stepping down and new directors sought
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