Additive manufacturing technology company, AML3D (ASX:AL3):
announce[d] the successful Placement of shares to a range of Sophisticated Investors, raising $2.68 [million] (before costs)
What were the costs?
They don’t tell us. But the shares were:
issued at $0.0714 per share, being a 10% discount to the volume-weighted-average-price [over the] 14 days prior
Gotta love it when three-significant figures gets you to four-decimal places.
The company mentioned not just, once, not twice, but three times, that it has ‘landmark’ supply agreements with Boeing (NYSE:BA) and ExxonMobil (NYSE:XOM) — someone is proud.