Treasure Global Reports Termination Of Its At-The-Market Offering Program
Portfolio Pulse from Benzinga Newsdesk
Treasure Global has terminated its At-The-Market (ATM) Offering Program after successfully raising $2.99 million by selling 1.67 million common shares. The proceeds have been used to support the company's growth and new business ventures.
October 01, 2024 | 8:32 pm
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Treasure Global has concluded its ATM Offering Program, raising $2.99 million by selling 1.67 million shares. The funds are allocated for growth and new business initiatives.
The termination of the ATM Offering Program indicates that Treasure Global has achieved its fundraising goal, which could stabilize the stock price in the short term. The use of proceeds for growth and new ventures is a positive sign, but the immediate impact on stock price is neutral as the offering has already been completed.
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