Alliance Aviation Services LimitedASX: AQZ

AQZ completes institutional component of $40m raising

· Issued by Alliance Aviation Services Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

The equity raising includes a fully underwritten institutional placement and an institutional entitlement offer for new shares. Proceeds from this equity raising will be used for working capital and to enhance balance sheet flexibility. The retail entitlement offer is set to open shortly, allowing eligible shareholders to participate.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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