Date | Type | Details |
25/5/2015 | Announcement Capital Raised |
Funding Strategy Acheived (Update) Announced on 30/11/2014 Listing Status changed to Active Equity Capital Raised: $0 Debt Capital Raised: $500,000 Valuation at success: $ 2,000,001 - $ 2,500,000 Provider type is: Bank This announcement is solely for the purpose to correct the "Date of Occurrence" of 30/1/2014 to 30/11/2014; being 30th November 2014 for the successful placement of $500K of debt by CBA. |
25/5/2015 | Announcement Capital Raised |
Funding Strategy Acheived Announced on 30/1/2014 Listing Status changed to Active Equity Capital Raised: $0 Debt Capital Raised: $500,000 Valuation at success: $ 2,000,001 - $ 2,500,000 Provider type is: Bank The co-founder of the company successfully raised debt funding from CBA to underwrite the acquisition of the remaining 50% shares in the company and support future working capital to fund expansion plans. The indicative valuation is based on a number of strategic benefits post the acquisition of shares and restructure. |