A2Z Cust2Mate Solutions Launches $1.8M Direct Offering to Fuel Growth

authorIntellectia.AI2024-10-12
5
AZ.O
Illustration by Intellectia.AI

A2Z Cust2Mate Solutions, a leader in innovative retail technology, has announced a significant financial move with a $1.8 million registered direct offering. The company has finalized a securities purchase agreement with accredited investors, planning to issue up to 642,860 common shares at $2.80 per share. This strategic financial initiative is set to close around October 15, 2024, pending customary closing conditions. The funds raised will bolster A2Z's working capital and support general corporate activities, enabling further development and expansion of their cutting-edge solutions. Notably, A2Z conducted this offering independently, without the involvement of a placement agent, underscoring their confidence in the transaction's success.

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