MME: MONEYME Announces Capital Raise and Trading Update

MONEYME LIMITED

• MONEYME announces a fully underwritten $37m Conditional Equity Placement at $0.08 per share with majority support from existing and long-term shareholders.
• Placement proceeds will be used to pay down $32m of corporate debt, support balance sheet growth, and cover transaction costs.
• A non-underwritten Share Purchase Plan (SPP) for up to $5m at $0.08 per share will follow the successful completion of the Placement and is subject to shareholder approval.

2023-03-30 11:00:00