Abaxx Announces Closing of Final Tranche of C$2,756,000 Private Placement
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Abaxx Technologies Inc. has completed the final tranche of a C$2,756,000 private placement. The company is a financial software and market infrastructure firm, and the majority shareholder of Abaxx Singapore Pte. Ltd., which owns Abaxx Commodity Exchange and Clearinghouse.
January 24, 2025 | 1:00 pm
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Abaxx Technologies Inc. has successfully closed the final tranche of a C$2,756,000 private placement, potentially enhancing its financial stability and growth prospects.
The completion of the private placement indicates a successful capital raise, which can improve Abaxx's financial position and support its operations and growth. This is likely to have a positive short-term impact on the stock price.
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