Carbonxt Group Completes Pro-Rata Entitlement Offer Elevating Growth Prospects
In a noteworthy move towards capital growth, Carbonxt Group Limited (ASX: CG1) has successfully wrapped up its non-renounceable pro-rata entitlement offer, showcasing a pivotal moment for the company. This strategic initiative allows existing shareholders to participate in the acquisition of one fully paid ordinary share (New Share) for every 9 existing fully paid ordinary shares (Shares). The offer, priced at AUD 0.06 per New Share, has resulted in the issuance of 30,589,440 New Shares, generating a substantial sum of AUD 1.84 million before associated costs.
