Atomos Limited (ASX: AMS) announces it has raised $16 million before costs under an Equity Raising initiative, with additional demand of $0.17 million accepted for the Placement.
The extra 8,521,360 shares will be issued using the company's Listing Rule 7.1 capacity, at a price of $0.02 per share.
This update follows the recent close of the Entitlement Offer and Placement, with the company now having raised a total of $16.17 million.
The announcement is authorized by the Company's Chair and includes contact information for further inquiries.
ASX Code: AMS