Yojee Ltd.ASX: YOJ

Oversubscribed Capital Raising to Fast Track Growth

· Issued by Yojee Ltd.

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Yojee Ltd. has announced an oversubscribed capital raising to support its growth strategy, aiming to raise funds through a placement and a share purchase plan. The company has received binding commitments for a significant placement and plans to offer additional shares to existing shareholders. Funds raised will primarily be used for the commercial rollout of the Mosaic freight forwarding platform and the TCMS transport product. The placement shares will be issued to institutional and sophisticated investors at a set price, with the share purchase plan available to eligible shareholders in Australia and New Zealand.

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

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