Flexiroam Limited (ASX:FRX) Announces Non-Renounceable Entitlement Offer
Entitlement Offer Details
Flexiroam Limited (ASX:FRX) has announced a non-renounceable entitlement offer to raise up to approximately $3,928,219 before costs. Eligible shareholders are invited to subscribe for one new share for every share held at a rate of $0.005 per new share. The offer opens on 16 January 2025 and will close at 5:00 PM (WST) on 30 January 2025. This initiative is expected to bolster the company’s growth strategies.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.