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ION Video Wins Oversubscribed Backing for Technology Trials
9:41am on Wednesday 16th of September, 2026 AEST
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Technology
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ION Video Wins Oversubscribed Backing for Technology Trials
9:41am on Wednesday 16th of September, 2026 AEST
Key Points
$4.25 million oversubscribed placement at $0.40 per share
Directors and management commit $1.2 million, subject to shareholder approval
Free-attaching options carry a $1.00 exercise price until 30 September 2027
Validation program will focus primarily on the United States
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Ion Video (ASX:IOV)
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