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X2M targets A$5m to fund its data centre and energy strategy

8:52am on Monday 9th of November, 2026 AEDT • Technology
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X2M targets A$5m to fund its data centre and energy strategy

8:52am on Monday 9th of November, 2026 AEDT
Key Points
  • 4-for-13 entitlement offer at A$0.004 a share
  • Up to A$5m targeted including the October placement
  • Non-participating shareholders face potential 30.7% dilution
  • Funds earmarked for platform, energy management and data centre initiatives
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